Summary by Futu AI
Cosmopol Int'l (COSMOPOL INT'L) and Regal Hotels International Holdings Limited jointly announced on November 20, 2024, that the circulars originally scheduled to be sent to shareholders by November 20, 2024, or earlier will be delayed. Due to the need for both parties and their independent financial advisors to have more time to prepare and confirm the relevant information in the circulars, it is now expected that the circulars will be sent to shareholders by December 4, 2024, or earlier. This delay is a further extension following the earlier joint announcements on September 3, September 25, October 16, and November 6. The matters related to the second supplemental agreement mentioned in the joint announcement and the delayed sending of circulars are important pieces of information for investors, and the timely delivery of the circulars is essential. Therefore, the delayed issuance will be watched closely by the market.