Brief: Genscript Biotech Announces Deconsolidation Of Legend Biotech Corp And Its Subsidiaries

Genscript Biotech

22/10/2024 02:21

Oct 22 (Reuters) - Genscript Biotech Corp  1548.HK :
    * VARIATION OF DEPOSIT AGREEMENT RESULTING IN
DECONSOLIDATION OF
LEGEND BIOTECH CORPORATION AND ITS SUBSIDIARIES
    * EXPECTS DECONSOLIDATION TO HAVE SIGNIFICANT IMPACT ON
CONSOLIDATED FINANCIAL STATEMENTS OF GROUP FOR FY2024
    * EXPECTED SIGNIFICANT AMOUNT OF GAIN WILL BE RECOGNIZED
UPON
DECONSOLIDATION


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