Nanfang Communication Announces Further Variation to Disposal Terms
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Nanfang Communication Holdings Ltd. (HK:1617) has announced a further variation to the terms of a substantial disposal involving Pacific Smart and Dongshan Precision. The fourth supplemental agreement details arrangements for withholding tax payments related to the sale, including estimated and actual tax amounts, payment processes, and the return of a tax payment deposit. Nanfang Communication is incorporated in the Cayman Islands and focuses on significant transactions in the communication industry.
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