New Amante Group Limited (8412) Announces Updates on Disclaimer of Opinion and Business Strategy

Bulletin Express02-27

New Amante Group Limited (8412) released an update regarding the disclaimer of opinion in its annual reports for the financial years ended 31 May 2024 and 31 May 2025. The company reported progress on several strategic measures aimed at improving its liquidity, operational efficiency, and overall financial position.

The Group has been enforcing strict cost-controls and reducing administrative expenses to limit cash outflows. Additionally, the lease of LKF Lounge ended on 31 January 2026, leading to the temporary suspension of operations for that venue. New Amante Group Limited may consider merging the original Amante House and LKF Lounge at a new location in the future.

Discussions with investors on the previously mentioned liquors business continue. The company intends to announce significant updates once any potential agreements are reached. Other business plans, as stated in earlier announcements, remain unchanged. Further developments will be communicated as appropriate.

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