Suncity Group Holdings (HK:1383) has released an update.
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Suncity Group Holdings has announced that its subsidiary, Suntrust, has signed multiple agreements with contractors for supply and installation services on a new project, with combined contracts amounting to over HK$48 million. The agreements are classified as discloseable transactions, requiring public announcement due to their significance under the Listing Rules. The company’s shares will continue to be suspended until compliance with the Listing Rules and resolution of the issues that led to the suspension are met.
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