Shanshan Brand Management Co. Ltd.HKEX: 1749

Discloseable transaction in relation to acquisition of Trademarks

· Issued by Shanshan Brand Management Co. Ltd. via HKEXnews

Filed with HKEX · Stock code 1749 · · 23 pages · English

Summary by 6ix AI

Shanshan Brand Management Co. Ltd. has filed a disclosure regarding its acquisition of trademarks from Shanshan Group, which were auctioned as part of a restructuring plan approved by a court. The company successfully bid for the trademarks at a public auction, intending to continue using them for its sub-licensing business. The total consideration for the acquisition is based on the final bid price, which will be funded from the company's internal resources. This transaction is classified as a discloseable transaction under the listing rules, requiring specific reporting and announcement obligations.

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

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