Guan Chao Holdings Ltd. Issues Clarification on Business Update Announcement, Amends Statement on Transaction Nature

Reuters
Aug 04
<a href="https://laohu8.com/S/01872">Guan Chao</a> Holdings Ltd. Issues Clarification on Business Update Announcement, Amends Statement on Transaction Nature

Guan Chao Holdings Ltd. issued a correction regarding a previous statement on transactions under certain agreements. The company clarified that these transactions, which were initially described as revenue in nature and part of ordinary business, should not be considered a notifiable transaction under Chapter 14 of the Listing Rules. This correction aims to ensure compliance and provide accurate information to shareholders and investors.

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