According to the Zhitong Finance App, Shaw Brothers Holdings (00953.HK) issued an announcement on matters relating to the acquisition of all issued share capital of CMC MOON HOLDINGS LIMITED. Following commercial negotiations between the Company and CMC, and after considering the changing market environment and business strategy, the status of unmet conditions under the sales agreement, and the viability of reaching such conditions on or before the final deadline (i.e. December 31, 2026), the contracting parties mutually agreed to immediately terminate the sales agreement. After the relevant termination, the Company and CMC each irrevocably and unconditionally cancel and absolve each other's claims, demands, lawsuits, liabilities and obligations of any and all nature arising out of or relating to the sales agreement.

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