Cherish Sunshine International Announces Revised Allocation of Transaction Proceeds

Reuters
16 May
Cherish Sunshine International Announces Revised Allocation of Transaction Proceeds

Cherish Sunshine International Limited has announced a change in the use of proceeds from a recent transaction. Originally, the company planned to allocate approximately HK$16.9 million for the expansion and development of its procurement services. However, after careful consideration of the current business environment, the Board has decided to redirect this amount towards investment in intelligent service-related projects. This change aims to better align with the Group's strategic goals and improve business performance. The company has committed to keeping stakeholders informed of any further updates in compliance with the Listing Rule.

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