PANews reported on November 7 that, according to Zhitong Finance, Ligo Holdings (08472.HK) issued an announcement stating that, after considering the special risks associated with investing in cryptocurrencies and commodities, as well as the expertise and experience of the company's management team in these markets, the company resolved on November 7, 2025, that it will not continue with its proposed plan to purchase cryptocurrencies and commodities; and the approved budget of HK$24 million will be cancelled.PANews reported on November 7 that, according to Zhitong Finance, Ligo Holdings (08472.HK) issued an announcement stating that, after considering the special risks associated with investing in cryptocurrencies and commodities, as well as the expertise and experience of the company's management team in these markets, the company resolved on November 7, 2025, that it will not continue with its proposed plan to purchase cryptocurrencies and commodities; and the approved budget of HK$24 million will be cancelled.
Ligo Holdings cancels HK$24 million plan to purchase cryptocurrency
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PANews reported on November 7 that, according to Zhitong Finance, Ligo Holdings (08472.HK) issued an announcement stating that, after considering the special risks associated with investing in cryptocurrencies and commodities, as well as the expertise and experience of the company's management team in these markets, the company resolved on November 7, 2025, that it will not continue with its proposed plan to purchase cryptocurrencies and commodities; and the approved budget of HK$24 million will be cancelled.
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