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