Shaw Brothers Holdings (00953) terminates acquisition of the entire share capital of CMC Moon Holdings Limited, trading resumes on September 21.

Zhitong Finance APP News, Shaw Brothers Holdings (00953) issued an announcement regarding the acquisition of the entire issued share capital of CMC MOON HOLDINGS LIMITED. Following commercial negotiations between the Company and CMC, and after taking into account the changing market environment and business strategies, the status of the conditions under the sale and purchase agreement that have not yet been fulfilled, and the feasibility of fulfilling such conditions on or before the long stop date (i.e., December 31, 2026), on September 18, 2026, the parties mutually agreed to terminate the sale and purchase agreement with immediate effect. Upon such termination, the Company and CMC each irrevocably and unconditionally release and discharge the other from any and all claims, demands, actions, liabilities and obligations of any nature arising from or in connection with the sale and purchase agreement.