DL Holdings Group Limited (HK:1709) has released an update.
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DL Holdings Group Limited has disclosed connected transactions including the subscription of shares in DL Holdings (Japan) Limited, potential financial assistance, and a potential continuing connected transaction, alongside a shift in the use of proceeds from a recent placing. The company has outlined agreements involving share subscriptions, corporate guarantees, and financing arrangements connected to a property investment in Japan. These financial moves are likely to reshape the company’s shareholding structure and have implications for its future operations.
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