Brief: Great Wall Pan Asia To Cease Business Of Type 6 Regulated Activities Under SFO Of Unit
11/05/2023 09:57
May 11 (Reuters) - 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
((Reuters.Briefs@thomsonreuters.com;))
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