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Star Plus Legend Holdings Limited ( (HK:6683) ) has shared an update.
Star Plus Legend Holdings Limited, through its wholly-owned subsidiary Star Plus Entertainment, has entered into a Limited Partnership Agreement with Star Light Blessing Limited to subscribe as a Limited Partner in the SPL New Economy No. 2 LPF Industry Fund. The company has committed US$8 million for this subscription, which will be funded by internal resources. This transaction is considered a connected transaction under Chapter 14A of the Listing Rules due to the association with Dr. Qian, a connected person of the company. The transaction is subject to reporting and announcement requirements but is exempt from circular and shareholders’ approval requirements.
More about Star Plus Legend Holdings Limited
Average Trading Volume: 13,087,924
Technical Sentiment Signal: Hold
Current Market Cap: HK$4.4B
See more insights into 6683 stock on TipRanks’ Stock Analysis page.