Discloseable Transaction - Disposal of Old Equipment

Summary by 6ix AI

Winox Holdings Limited has announced a discloseable transaction regarding the disposal of old equipment through three Sale and Purchase Agreements with Kunshan Xinliangjie Machinery Equipment Co., Ltd. The transaction is subject to reporting requirements but does not require shareholder approval due to the applicable percentage ratios under the Listing Rules. The proceeds from the disposal will be used to replenish the Group's working capital.

Written by 6ix AI from the company’s filing. How 6ix writes summaries