BRONCUS-B (02216): Termination of Further Acquisition of Equity Interest in Valgen Holding Corporation

date
08:50 21/09/2026
avatar
GMT Eight
Broncus-B (02216) announced that, regarding the further acquisition of a 3.85% equity interest in Valgen Holding Corporation, after further discussions between Broncus China Holding Corporation (the purchaser), a wholly-owned subsidiary of the company, and Max Grand Limited (the seller), the purchaser and the seller entered into a termination agreement on September 20, 2026 to terminate the share transfer agreement, effective from the date of signing of the termination agreement.
BRONCUS-B (02216) announced that in relation to the further acquisition of a 3.85% equity interest in Valgen Holding Corporation, following further discussions between Broncus China Holding Corporation (the purchaser), a wholly-owned subsidiary of the Company, and Max Grand Limited (the seller), the purchaser and the seller entered into a termination agreement on September 20, 2026 to terminate the share transfer agreement, effective from the date of signing of the termination agreement. The board of directors believes that the termination of the share transfer agreement is not expected to have any material adverse impact on the business, operations, and financial condition of the Group.