North Mining Shares Company Limited has provided an update regarding the proposed disposal of the entire issued share capital of a target company. The latest announcement highlights that the group recorded unaudited revenue of over HK$800 million from its mining operations between January and November 2025. The company expects an estimated gain of approximately HK$1,147 million in liabilities from the disposal group as of 30 September 2025. North Mining Shares Company Limited remains committed to implementing remedial plans and will continue to monitor and report on the progress of this transaction until outstanding audit matters are resolved.
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. North Mining Shares Company Limited published the original content used to generate this news brief via IIS, the Issuer Information Service operated by the Hong Kong Stock Exchange (HKex) (Ref. ID: HKEX-EPS-20251231-11973634), on December 31, 2025, and is solely responsible for the information contained therein.