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The latest announcement is out from Lushang Life Services Co., Ltd. Class H ( (HK:2376) ).
Lushang Life Services Co., Ltd., a company incorporated in the People’s Republic of China, announced that it exceeded its annual cap for transactions under the New Master Property Management and Related Services Agreement by RMB481,073.98 for the year ended December 31, 2024. The discrepancy was discovered during an annual review when it was found that amounts under a Catering Agreement had been omitted throughout the year. This oversight highlights a lapse in the company’s internal controls, which had previously been established to ensure compliance with transaction caps.
More about Lushang Life Services Co., Ltd. Class H
Average Trading Volume: 29,926
Technical Sentiment Signal: Buy
Current Market Cap: HK$253.3M
Learn more about 2376 stock on TipRanks’ Stock Analysis page.