Daido Group Limited Clarifies Ownership in Discloseable Transaction
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Daido Group Limited (HK:0544) has issued a supplemental announcement clarifying the ownership in a discloseable transaction related to a Provisional Agreement. The ultimate beneficial owner of Union Ocean Investments Limited is Ms. Kitty Lo, an independent third party. This clarification does not change the original announcement. The current analyst rating for Daido Group Limited is a Hold with a price target of HK$2.00.
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