Wai Kee Holdings Limited (HK:0610) has released an update.
Wai Kee Holdings Limited and Build King Holdings Limited have announced the completion of an unwinding process, terminating their acquisition agreements and transferring equity interests back to the original vendors. This results in both companies no longer holding any interests in the targeted groups and sites, with a repayment of approximately HK$31 million facilitated by the vendors. The move marks a significant shift in their investment strategies, impacting their future financial outlook.
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