New Concepts Holdings Extends Disposal Period for 51% Stake in Clear Industry Company

Reuters
2025.12.02 11:30
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New Concepts Holdings Ltd. has extended the disposal period for its 51% stake in Clear Industry Company Limited by 12 months, now ending on 22 November 2026. This decision considers recent capital market conditions, share price performance, and market liquidity. All other terms remain unchanged.

New Concepts Holdings Ltd. has provided an update regarding its agreement related to the 51% stake in Clear Industry Company Limited. The parties involved have signed a second supplemental agent agreement, extending the disposal period by an additional 12 months to 22 November 2026. This extension takes into account recent capital market conditions, the company’s share price performance over the past year, and market liquidity for the company’s shares. All other terms and conditions of the previous agreements remain unchanged. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. New Concepts Holdings Ltd. published the original content used to generate this news brief via IIS, the Issuer Information Service operated by the Hong Kong Stock Exchange (HKex) (Ref. ID: HKEX-EPS-20251202-11940210), on December 02, 2025, and is solely responsible for the information contained therein. © Copyright 2025 - Public Technologies (PUBT)