Macau Lijun (01680) issued an announcement. Jiechuang, a British Virgin Islands company with 51% of the shares held by the buyer, Jiechuang...
According to the Zhitong Finance App, Macau Lijun (01680) issued an announcement that the buyer holds 51% of the shares, Jiechuang Limited (Jiechuang Limited), complies with the appropriateness requirements of the Lao Government, and MLD Laos has obtained the necessary approval from the Lao government for the sale and the target group business operated by Jiechuang Co., Ltd., so all the prerequisites under the agreement have been met. The sale was settled on May 16, 2024, and the buyer's rights and obligations under the agreement were transferred to Jiechuang Co., Ltd. on the same day before delivery in accordance with the terms and conditions of the agreement. After delivery, the Group no longer owns any shares in the MLD Resorts Laos Limited (MLD Resorts Laos Limited) and the target company is no longer recorded as a subsidiary of the Group.