Maoye International and W.F Group confirm a procedural delay in the dispatch of the scheme document for their proposed privatization, maintaining existing offer terms.
Delay in despatch of scheme document for privatisation proposal, procedural update with no change to terms.
Offeror in privatisation scheme, delay in scheme document dispatch.
Maoye International Holdings Limited and W.F Group Limited have announced a delay in the dispatch of the scheme document regarding the proposed privatization. The companies confirmed that the procedural adjustment does not alter the fundamental terms of the offer.
The privatization process is ongoing, but the dispatch of the required scheme document has been delayed due to procedural reasons.