BRIEF-Great Wall Pan Asia To Cease Business Of Type 6 Regulated Activities Under SFO Of Unit

Reuters · 05/11/2023 08:57
BRIEF-Great Wall Pan Asia To Cease Business Of Type 6 Regulated Activities Under SFO Of Unit

- Great Wall Pan Asia Holdings Ltd 0583.HK:

  • RESOLVED TO CEASE ALL BUSINESS OF TYPE 6 (ADVISING ON CORPORATE FINANCE) REGULATED ACTIVITIES UNDER SFO OF UNIT

  • EXPECTS AFTER CESSATION WILL BE ABLE TO REDUCE ITS STAFF COSTS AND OTHER ADMINISTRATIVE EXPENSES, AMONG OTHERS

Further company coverage: 0583.HK


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