Nanfang Communication Holdings Ltd. (HK:1617) has released an update.
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Nanfang Communication Holdings Ltd.’s shareholders have unanimously passed a resolution during their Extraordinary General Meeting held on September 9, 2024, pertaining to the approval of a Formal Sale and Purchase Agreement and related transactions. The deal involves the company’s subsidiary, Pacific Smart, selling shares to Vantone Neo Development Group Co., Ltd., with all voting shareholders in favor of the resolution. This decisive vote signals strong shareholder support for the company’s strategic decisions.
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