Summary by Moomoo AI
Poly Property Services Co., Ltd. announced further adjustments to the allocation of the net proceeds from the Global offering and the expected time schedule for utilization. The Board of Directors approved this change on December 31, 2024, which mainly involves three aspects: strategic investment, digitalization and upgrading of the Asia Vets management system, and Operation funds. Specifically, the proportion of funds allocated for strategic investment is reduced from 18.5% to 14.5%, with the expected time for utilization extended to December 31, 2027; the proportion of funds for digitalization and upgrading of the Asia Vets management system is reduced from 9.0% to 5.0%, with the expected time for utilization also extended to December 31, 2027; while the proportion of funds for Operation and general corporate purposes is increased from 10.0% to 18.0%, with...Show More