Simplicity Hldg (08367) announced that according to the company's legal advisors in the Cayman Islands, the Cayman Islands company registry believes that the suggested Chinese name is not a direct translation of the English name.
According to the Smart Finance APP news, simplicity hldg (08367) announced that the company's legal advisors in the Cayman Islands indicated that the Cayman Islands company registry believes that the proposed Chinese name '盛盟国际集团有限公司' is not a direct translation of the English name 'SM International Group Limited', and stated: The English transliteration of the Chinese name 'Sheng Meng International Group Limited' should be used (English transliteration name), and when changing the name, in addition to the proposed English and Chinese names, it should be noted on the company's registration certificate.
In light of the above situation, the company plans to arrange a special general meeting of shareholders for them to consider and at their discretion reapprove and confirm the proposed change of the company's name and the use of the English transliteration name.
