According to Zhitong Finance App, Asia Securities Real Estate (00271) announced that Ronggao Financial Limited (a licensed corporation that can engage in Type 1 (securities trading) and Class 6 (advising on institutional financing) regulated activities under the Securities and Futures Ordinance, Chapter 571 of the Laws of Hong Kong) has been appointed as an independent financial advisor to provide advice to the independent board committee and independent shareholders on the terms of the share offering. The relevant appointments have been approved by the Independent Board Committee.

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