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Pan Asia Data Holdings Gains from Fund Unit Redemptions Despite Compliance Oversight

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Pan Asia Data Holdings Gains from Fund Unit Redemptions Despite Compliance Oversight

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The latest announcement is out from Pan Asia Data Holdings, Inc. ( (HK:1561) ).

Pan Asia Data Holdings Inc. announced that its subsidiary, LYGR (Beijing), subscribed to fund units valued at RMB20 million each in April and May 2025. The transactions, which were not reported in compliance with the Listing Rules due to oversight, have since been redeemed with a gain of RMB1,060,000. Despite the non-compliance, the company does not plan to seek shareholder approval as the units have already been redeemed.

More about Pan Asia Data Holdings, Inc.

Pan Asia Data Holdings Inc. operates in the financial sector, focusing on investment and asset management services. The company engages in activities such as fund subscriptions and asset management, primarily targeting investment portfolios to achieve steady growth.

Average Trading Volume: 2,417,052

Technical Sentiment Signal: Sell

Current Market Cap: HK$108.7M

For an in-depth examination of 1561 stock, go to TipRanks’ Overview page.

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