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Kesi Holdings (08173) completed the withdrawal of the Life Insurance Policy with a value of approximately $1.046 million.

Zhitong Finance ·  {{timeTz}}


Zhitong Financial APP News, Kesi Holdings (08173) announced that the extraction value was effective on June 22, 2022 ("effective date") after Fuwei properly received all the surrender requirements issued by the company.


As at the effective date, the total surrender value of the life policy is approximately $1.046 million. The net proceeds from the withdrawal of value will be used as the general working capital of the Group.

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