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Fragrant Prosperity Holdings Limited: Update on Intended Acquisition
Home / Client News / Fragrant Prosperity Holdings Limited: Update on Intended Acquisition

Further to its statement on 24 May 2021, the Company announces that discussions with CiiTECH about a planned reverse takeover of the Company, (the “RTO” or “Intended Acquisition”) have ceased. The exclusivity period agreed between the parties in their letter of intent expired on 31 October 2021, since when it has not been possible to conclude a combination of the two businesses.

https://www.londonstockexchange.com/news-article/FPP/update-on-intended-acquisition/15358764

 

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