EPS Creative Health Technology Group Limited (HK:3860) has released an update.
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EPS Creative Health Technology Group Limited has sold the entire issued share capital of a subsidiary company to a purchaser for a nominal consideration of JPY1.00, which is approximately HK$0.05. Alongside this token amount, the purchaser is also required to repay a shareholder loan and accrued interest, totaling approximately HK$9,549,119, to the vendor at completion. As a result of the sale, the subsidiary will no longer be part of EPS Creative Health Technology Group, and its financials will not be consolidated into the group’s financial statements going forward.
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