HG Semiconductor Limited (HK:6908) has released an update.
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HG Semiconductor Limited has provided additional details on the valuation method and key assumptions regarding its ‘Assets Classified as Held for Sale’, as found in the 2023 Annual Report. The company utilized an income approach, factoring in future growth and specific issues of its Fast Charging Limited unit, based on various assumptions about the unit’s operations, market conditions, and regulatory environment. These assumptions include the accuracy of financial information, ongoing business viability, compliance with laws, and stable political and economic conditions.
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