Ta Yang Group Issues Shares to Settle Service Fees

Ta Yang Group Holdings Limited (HK:1991) has released an update.

Ta Yang Group Holdings Limited has announced the issuance of 6.7 million Fee Shares to MDK at a price of HK$0.12 per share, as a settlement for corporate service fees. This move comes as part of the company’s strategy to manage cash flow while fulfilling its resumption guidance for trading. The issuance, representing about 0.51% of the company’s enlarged share capital, is set to proceed once approval from the Listing Committee is granted.

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