Deson Holdings (08437.HK) is preparing to apply to the Grand Court of the Cayman Islands for an order confirming the reduction of its share capital.

Zhijong Finance and Economics APP News, Des Group (08437.HK) announced that the company is preparing to file a request to the Grand Court of the Cayman Islands to seek an order confirming the reduction of share capital. The company will issue another announcement at the appropriate time to inform shareholders of the revised expected timeline for the share capital reduction and share split.