Last year, when Hong Kong-listed Shunfeng revealed its intention to buy insolvent Wuxi Suntech for 3bn yuan ($490m), it pledged to publish by 20 February at the latest a “circular” for its shareholders, which must still approve the acquisition at an extraordinary general meeting.
On 20 February, however, Shunfeng said that it needed additional time to “finalise the contents of the circular”, claiming that it would be published “on or before” 13 March.
Shunfeng
