Media Chinese International Limited announced that it will cease its media operations in Canada effective 1 February 2026. The cessation of the Canadian operation, which has served readers and advertisers for over 32 years, is expected to result in estimated one-off expenses—including staff layoff compensation—of not less than approximately US$4 million. These expenses will be recognized in the consolidated statement of profit or loss for the fourth quarter ending 31 March 2026. The company stated that this move is part of its ongoing strategic review and resource optimization, allowing it to concentrate management attention and capital on core markets and digital initiatives.

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