Guangdong Holdings (01396.HK): Termination of Subscription Agreement B, to resume trading in the afternoon on December 5th.

date
05/12/2025
Intelligence Finance APP news, Yuexiangwan Holdings (01396.HK) issued an announcement regarding the subscription of new shares under general authorization. In view of the fact that the subscription with subscriber B belongs to a connected transaction under Chapter 14A of the Listing Rules, and the subscription with subscriber B cannot be carried out in accordance with general authorization, therefore, on December 5, 2025, the company and subscriber B jointly agreed to immediately terminate Subscription Agreement B. After further discussion between the company and subscriber B, they will take further action. After the termination, all parties to Subscription Agreement B shall be released and discharged from their respective responsibilities under Subscription Agreement B, provided that any rights or obligations arising on or before the termination of Subscription Agreement B will not be affected.