Truly International Holdings (HK:0732) has released an update.
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Truly International Holdings has decided to terminate its pre-listing tutoring application for its subsidiary, Truly Industrial Limited, in response to current market conditions. While this move will not adversely affect the company’s financial position, the proposed spin-off of Truly Industrial remains subject to market conditions and regulatory approvals. Investors are advised to stay cautious and await further announcements regarding the spin-off.
For further insights into HK:0732 stock, check out TipRanks’ Stock Analysis page.
