Litu Holdings Releases Pro Forma Financials for Major Property Acquisition
Reuters
May 26
Litu Holdings Releases Pro Forma Financials for Major Property Acquisition
Litu Holdings Limited has released its unaudited pro forma financial information in connection with a major transaction involving the acquisition of property. The financial statements, which include a consolidated statement of assets and liabilities as of December 31, 2024, are part of the documentation for the acquisition of various floors and flat roofs in a building. The transaction has been approved by a group of shareholders holding more than 50% of the voting rights, eliminating the need for a general shareholders' meeting. The Board of Directors asserts that the terms of the transaction are fair, reasonable, and beneficial for the company and its shareholders. Further details can be found in the company's circular and related appendices.
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