Eminence Enterprise Limited (HK:0616) has released an update.
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Eminence Enterprise Limited has announced a major transaction involving the disposal of a property by an indirect wholly-owned subsidiary for HK$36,000,000, subject to conditions and shareholder approval. The deal is significant enough to require a shareholder meeting and a detailed circular, which will provide further information including financial details and an independent valuation report. Shareholders and potential investors are advised to exercise caution when dealing in the company’s securities until the transaction is finalized.
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