Glory Sun Financial Group Limited (HK:1282) has released an update.
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Glory Sun Financial Group Limited has provided additional details on its recent debt receivables acquisition, revealing payments will be made in two instalments with specific milestone dates: 30% by 12 August 2024, and the remainder by 30 November 2024. The disclosure specifies that the ultimate beneficial owner of the Transferors is Mr. Xie Tinggui, an independent third party. This supplemental information complements the original announcement and is intended for shareholders and potential investors.
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