Dreamfolks Services Acquisition Timeline Extended by 180 Days

Dreamfolks Services Ltd has announced a further extension for the second phase of its acquisition of ETT Solutions DMCC. The primary subscription to freshly issued shares, which is part of the second phase, is now expected to be completed within an additional 180 business days beyond the previously extended timeline. The first phase, a secondary acquisition of shares, was completed, resulting in Dreamfolks holding a 34% stake in ETT. The company is continuing to pursue the transaction and will provide further updates on material developments.