MOS House Group Ltd., incorporated in the Cayman Islands, has announced a significant regulatory approval for its subsidiary, Petracer's China Limited. The company has successfully registered as a dealer in precious metals and stones with the Customs and Excise Department under Category A Registration, effective from July 3, 2025. This registration, aligned with the Anti-Money Laundering and Counter-Terrorist Financing Ordinance in Hong Kong, authorizes Petracer to operate in this new line of business, excluding specified cash transactions. This strategic move aims to diversify the company's investment portfolio and enhance shareholder returns. The management is currently preparing a business plan and operations manual to ensure proper governance and internal controls in this expanded business venture.
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