Design Capital Limited (HK:1545) has released an update.
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Design Capital Limited has announced that an amicable settlement has been reached regarding the winding up application against their substantial shareholder, Lian Keng Enterprises Pte. Ltd., effectively nullifying the previous court order for winding up as of September 6, 2024. Shareholders and potential investors are advised to exercise caution when dealing in the company’s securities. The resolution of this legal matter may have significant implications for the company’s future operations and stock performance.
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