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Fullshare Holdings Revises Joint Venture Terms, Ceases Operations

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Fullshare Holdings Revises Joint Venture Terms, Ceases Operations

Fullshare Holdings ( (HK:0607) ) just unveiled an update.

Fullshare Holdings Limited announced a material variation in the terms of its joint venture agreement with Hin Sang Group, leading to the cessation of operations of the joint venture company. The supplemental agreement, reached due to a change in business development direction, nullifies further funding commitments from Hin Sang Group. Despite the cessation, Fullshare Holdings’ directors believe the agreement is fair and will not materially affect the company’s operations.

More about Fullshare Holdings

Fullshare Holdings Limited is a company incorporated in the Cayman Islands, primarily engaged in the development of mother and child health products, pharmaceutical factories, hospitals, medical centers, and related services. The company operates in collaboration with Hin Sang Group, focusing on the healthcare industry.

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