Hong Kong Johnson Holdings Co., Ltd. (HK:1955) has released an update.
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Hong Kong Johnson Holdings Co., Ltd., a company incorporated in the Cayman Islands, has disclosed the acquisition of transportation vehicles for HK$7,496,000.00, intended for their cleaning services division. The transactions, involving 36 vehicle purchase agreements with subsidiaries of Man Shing, are classified as discloseable under the Listing Rules due to their aggregate size. The company has acknowledged a delay in announcing these transactions and is taking steps to strengthen its reporting and internal controls.
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