Orange Sky Golden Harvest Issues Clarification on Property Disposal and Leaseback Arrangements

Reuters

Jul 18

<a href="https://laohu8.com/S/FNCTF">Orange</a> Sky Golden Harvest Issues Clarification on Property Disposal and Leaseback Arrangements

Orange Sky Golden Harvest Entertainment Holdings Ltd. issued a clarification regarding its proposed disposal of a property, initially announced on June 2, 2025. The company clarified that the Leaseback Arrangements require right-of-use assets to be recognized on its consolidated financial statement as per HKFRS 16, classifying it as an asset acquisition under the Listing Rules. Following completion, the Group anticipates its total assets will increase by approximately S$4,437,000, total liabilities will rise by S$1,080,000, and it expects to recognize an unaudited gain of about S$3,357,000.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Orange Sky Golden Harvest Entertainment Holdings Ltd. published the original content used to generate this news brief on July 18, 2025, and is solely responsible for the information contained therein.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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Orange Sky Golden Harvest Entertainment Holdings Ltd. published the original content used to generate this news brief on July 18, 2025, and is solely responsible for the information contained therein.</span></em>\n</div></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK1128","symbol_name":"电影和娱乐","start_time":0,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250718:nNDL80yh1x:1","article_id":"2552950544","we_media_id":"1032215980","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2552950544","pubTimestamp":1752849758,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Reuters","introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"id":"1032215980","head_image":"https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48"},"summary":"Orange Sky Golden Harvest Entertainment Holdings Ltd. issued a clarification regarding its proposed disposal of a property, initially announced on June 2, 2025. The company clarified that the Leaseback Arrangements require right-of-use assets to be recognized on its consolidated financial statement as per HKFRS 16, classifying it as an asset acquisition under the Listing Rules. Following completion, the Group anticipates its total assets will increase by approximately S$4,437,000, total liabilities will rise by S$1,080,000, and it expects to recognize an unaudited gain of about S$3,357,000.Disclaimer: This news brief was created by Public Technologies  using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. 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