Sino Golf Holdings Limited (HK:0361) has released an update.
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Sino Golf Holdings Limited has informed shareholders and potential investors that discussions are ongoing with potential purchasers for the disposal of Charged Assets, but no sale or definitive agreement has been reached for the Possible Transaction. The company will continue to provide monthly updates on the progress as required by the Takeovers Code, and cautions shareholders and potential investors that the transaction may not materialize or lead to a change of control. Shareholders are advised to exercise caution and seek professional advice before trading in the company’s securities.
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