Modern Chinese Medicine Group Wins Waiver for Delay in Acquisition Circular

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2026.05.07 10:10
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Modern Chinese Medicine Group Co. Ltd. has received a waiver from the Hong Kong Stock Exchange, allowing a delay in sending a shareholder circular regarding its major acquisition. The circular is now expected to be sent by June 30, 2026, as the company needs more time to finalize key financial information. This waiver reduces immediate compliance pressure but introduces regulatory uncertainty for stakeholders. The company operates in modern Chinese medicine and is listed in Hong Kong with a market cap of HK$2.15B.