Elife Holdings Limited (HK:0223) has released an update.
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Elife Holdings Limited has issued a clarification to rectify misleading media reports about the use of proceeds from a recent Subscription of new shares. The company emphasized that the HK$13.85 million raised will be directed towards expanding the sales and marketing team and working capital for their supply chain business, refuting any intentions to invest in ‘Brand Promotion’ or ‘City Corridor’ related businesses. Investors are urged to rely solely on official company announcements for accurate information when making investment decisions.
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