Kin Pang Holdings Ltd. (HK:1722) has released an update.
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Kin Pang Holdings Limited has provided additional information regarding the acquisition of equipment, detailing the ownership structure of the Vendor, which is ultimately owned by BAUER Aktiengesellschaft. The new disclosure reveals complex ownership with connections to various entities and individuals, primarily in Germany and Singapore. The company reiterates that, according to their best knowledge, the Vendor and its owners are independent third parties.
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