Elife Holdings Limited (HK:0223) has released an update.
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Elife Holdings Limited is navigating a complex challenge as minority shareholder China Innovation Investment Limited calls for an extraordinary general meeting to potentially remove certain directors, citing concerns over their nomination rights under a previous subscription agreement. The board is consulting professional advice to address this requisition, which could impact shareholder interests. Investors are urged to exercise caution in dealing with the company’s securities during this uncertain period.
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