Group Sense to study the possibilities of listing GSPDA at proper time

According to some of the reports, Group Sense (International) (0601) clarified that it had no detail schemes to spin off its subsidiary GSPDA, 63% shareholdings of which was held by it and did not commit any applications or proposals to any Securities, nor did it appoint any sponsors, but the company would take all kinds of factors including market and GSPDA business situation into consideration and would study the possibilities of spinning off GSPDA at proper time.

Furthermore, the preferential shares agreement of GSPDA did not include the item that if GSPDA could not be listed in five years, Group Sense (International) should repay the invested capital to the investors.

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