<p>TA YANG GROUP (01991.HK) announced that due to an inadvertent mistake, it failed to report a transaction that must be disclosed. On November 20, 2024, it sold 60% of its stake in the UK retail business - East Shack to an independent third party, New Vision, for a cash consideration of HKD 3.15 million. A loss of HKD 6.1 million will be recognized for the sale in the 2024 fiscal year</p>

01991

<p>TA YANG GROUP announced that due to an inadvertent error, it failed to report a transaction that must be disclosed. On November 20, 2024, it sold 60% of its stake in the UK retail business - East Shack to an independent third party, New Vision, for a cash consideration of HKD 3.15 million. A loss of HKD 6.1 million will be recognized for the sale in the 2024 fiscal year</p>

TA YANG GROUP underreported the sale of its UK retail subsidiary, with a consideration of 3.15 million yuan