Brief: Unitas Says Shareholders Said Co Currently Embarking On Business With Adequate Level Of Ops

Unitas Holdings

16/08/2023 01:59

Aug 16 (Reuters) - Unitas Holdings Ltd  8020.HK :
    * SHAREHOLDERS HAVE COME TO CONCLUSION THAT CO CURRENTLY
EMBARKING
ON BUSINESS WITH ADEQUATE LEVEL OF BUSINESS OPERATIONS
    * SHAREHOLDERS SAY CO SUFFICIENTLY HAS VALUED ASSETS TO BACK
UP
ITS OPERATIONS AND TO ENSURE THAT IT CONTINUES TO BE LISTED ON
STOCK EXCHANGE
    * SHAREHOLDERS AGREE BOARD SHOULD ACTIVELY ADOPT MEANS TO
MAKE
TIMELY TRADE-OFFS AND APPROPRIATE DECISIONS ON BUSINESS
DEVELOPMENT
    * SHAREHOLDERS CONSIDER THERE WERE NO MATERIAL PROBLEMS WITH
CO
    * SHAREHOLDERS CONSIDERED ONLY RESUMPTION OF TRADING OF CO
CAN
LOOSEN INVESTMENTS OF SHAREHOLDERS


Further company coverage:  8020.HK 

 ((Reuters.Briefs@thomsonreuters.com;))