A definite agreement could not be reached.
SGX-listed Edition Ltd. has decided not to proceed with the proposed joint venture to engage in financial services related business in China with an independent and unrelated third party.
The company said that a definite agreement could not be reached with regards to the details of the Proposed JV.
The decision not to proceed with the Proposed JV is not expected to have any material impact on the group’s results for the current financial year.
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