Archosaur Games Inc. (HK:9990) has released an update.
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Archosaur Games Inc., through its subsidiary Archosaur Entertainment, has invested a total of $19.9 million in wealth management products with Morgan Stanley Asia. This strategic financial move, financed by the company’s own funds, aims to optimize idle funds to enhance capital gains and support the Group’s daily operational liquidity. The transactions are considered discloseable due to exceeding certain percentage ratios but do not require shareholder approval.
For further insights into HK:9990 stock, check out TipRanks’ Stock Analysis page.
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