G.H.Y Culture & Media Holding Co., Ltd. (SG:XJB) has released an update.
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G.H.Y Culture & Media Holding Co., Ltd. has mutually terminated its acquisition agreements with Iskandar Malaysia Studios due to unmet conditions, with no impact expected on ongoing projects. The initial purchase consideration will be returned to GHY Malaysia, which is also transferring its Sale Shares back to the sellers.
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