Brief: Elfie Issues Clarification Announcement Regarding Certain Media Reports
27/09/2024 16:25
Sept 27 (Reuters) - Elife Holdings Ltd 0223.HK :
* CLARIFY PORTION OF NET PROCEEDS ALLOCATED FOR DEVELOPING
BUSINESSES FOR EXPANSION OF SALES AND MARKETING TEAM OF SUPPLY
CHAIN BUSINESS
* NO INTENTION TO ALLOCATE THOSE FUNDS IN RELATION TO "BRAND
PROMOTION" BUSINESS, OR ANY BUSINESS RELATED TO "CITY CORRIDOR"
* PORTION OF NET PROCEEDS FOR DEVELOPING GROUP BUSINESSES IS
HK$13.85 MILLION
Further company coverage: 0223.HK
((Reuters.Briefs@thomsonreuters.com;))
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