Litu Holdings Limited Announces Major Update on Disposal of Equity Interest in PRC Company
Reuters
Jun 10
Litu Holdings Limited Announces Major Update on Disposal of Equity Interest in PRC Company
Litu Holdings Limited has announced a significant transaction involving the disposal of its equity interest in a PRC company. The Company has secured written approval from a group of shareholders holding more than 50% of the voting rights for the Disposal Agreement and associated transactions. The completion of the transaction is contingent upon meeting certain conditions outlined in the agreement. The Board of Litu Holdings Limited deems the terms of the agreement to be fair, reasonable, and in the best interests of the company and its shareholders.
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