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Elife Holdings Resolves Compliance Issue in Share Offer

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The latest update is out from Elife Holdings Limited ( (HK:0223) ).

Elife Holdings Limited has announced a supplemental update regarding a voluntary conditional cash partial offer for its shares. The company has addressed a compliance issue related to the Responsibility Statement in its Response Document, specifically involving Mr. Guo Wei, a director who was initially excluded from the statement without proper consent. Following a board reconstitution, Mr. Guo has now agreed to the Responsibility Statement, and the company has withdrawn its previous application for his exclusion, aligning with the Takeovers Code.

More about Elife Holdings Limited

Technical Sentiment Signal: Sell

Current Market Cap: HK$147.3M

Learn more about 0223 stock on TipRanks’ Stock Analysis page.

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