Kin Pang Holdings Ltd. (HK:1722) has released an update.
Kin Pang Holdings Limited, a Cayman Islands-incorporated company, has announced a significant purchase order placed by its subsidiary for specialized equipment worth approximately HK$7.16 million. The acquisition from an independent Hong Kong vendor will be paid in cash, with half upfront and the rest in five monthly installments, using the group’s internal resources. This transaction is classified as discloseable, triggering specific notification and announcement obligations under the Hong Kong Listing Rules.
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