Clifford Holdings Diversifies with Silver Bullion Buy

Clifford Modern Living Holdings Ltd (HK:3686) has released an update.

Clifford Modern Living Holdings Ltd has announced a significant investment in the precious metals market, purchasing 264,000 ounces of unallocated silver bullion for around HK$58.2 million. The transaction, executed through SCB HK, a licensed Hong Kong bank, is categorized as a discloseable transaction under the Listing Rules, not requiring shareholder approval. The company emphasizes their strict risk control measures to maximize shareholder returns, highlighting their diverse business portfolio including property management and IT services.

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