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Welife Technology Limited ( (HK:1703) ) has provided an announcement.
Welife Technology Limited has announced the acquisition of two target companies, which will now be indirect wholly-owned subsidiaries of the company. The acquisitions, valued at HK$2,865,000 and HK$2,756,000 respectively, will be consolidated into the company’s financial statements. However, the company acknowledged non-compliance with the Listing Rules due to an oversight in reporting these transactions, emphasizing the importance of adhering to regulatory requirements in the future.
More about Welife Technology Limited
Technical Sentiment Signal: Sell
Current Market Cap: HK$55.2M
For a thorough assessment of 1703 stock, go to TipRanks’ Stock Analysis page.