Asia Television Holdings Limited (HK:0707) has released an update.
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Asia Television Holdings Limited has disclosed supplemental information regarding their recent Rights Issue, revealing Mr. Wang Lei as the ultimate beneficial owner of one of the Placees, Maofu Trade Co., Limited. The announcement confirms that all Placees, including their ultimate owners, are independent from the company, ensuring no new substantial shareholders will emerge post-Placing. This update is an addition to the previous announcement and should be read in conjunction.
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