We refer to our announcement dated 26 October 2022 on the above-mentioned matter and would like to furnish the revised / additional information on the Effects of the Strategic Collaboration on the Company as follows:
The Collaboration will not have any material effect on the issued share capital, substantial shareholders’ shareholding, net assets and gearing of MGRC Group, however, the Collaboration is expected contribute positively to the earnings per share of the Company in the future.
This announcement is dated 27 October 2022.