New Amante Group Limited (8412) issued an update on the disclaimers of opinion related to its annual reports for the years ended 31 May 2024 and 31 May 2025, along with new business developments. The measures to address liquidity pressure and strengthen operational performance include strict cost-control actions aimed at minimizing cash outflows.
Management is pursuing a bottled water supply venture, which has already introduced products into the Hong Kong market in small quantities. After negotiations with potential partners for a tea beverage venture did not result in a mutual understanding, discussions have been paused, and focus has shifted to seeking other opportunities to diversify the Group’s portfolio.
The Wanchai office and clubhouse are relocating in mid-to-late December 2025 after the landlord indicated it would not renew the lease. During the transition, clubhouse operations will be reduced until suitable premises are secured. The Company will provide additional details on the relocation in due course.
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