Cool Link (Holdings) Ltd. Extends Timeline for Use of Rights Issue Proceeds, Plans Continued Search for Merger and Acquisition Opportunities in Food and Healthcare Sectors
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Cool Link (Holdings) Ltd. has extended the timeline for utilizing proceeds from its Rights Issue, now expected to complete by the second half of 2026. Initially planning to allocate HK$30 million for mergers and acquisitions in the food and healthcare sectors by December 2025, the company will continue to seek new opportunities after failing to finalize a previous transaction. The identification and assessment of potential targets will take an additional six to nine months.
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