Wisdom Education International Holdings Co. Ltd. (HK:6068) has released an update.
Wisdom Education International Holdings Co. Ltd. has announced that its subsidiary, BEHK, has redeemed over 406,000 units of its Fund Investment Portfolio on June 6, 2024, for approximately HK$30 million. This transaction is classified as a discloseable transaction under the Hong Kong Listing Rules due to its size. The redemption resulted in a loss of around HK$3.2 million for BEHK, which the company plans to offset by using the proceeds to repay its borrowings.
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