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Mission Capital defines "new principal line of trading business"
| Listing Rule 14.04(1)(g)
Company announcement, 17-Feb-2015
MC is trying to exploit a loophole in the Listing Rules to treat property transactions as part of its trading business, and therefore of a "revenue nature" and exempt from disclosure and approvals under LR 14.04(1)(g). Four minutes after this, it "voluntarily" announced the acquisition of a BVI company which owns a property, calling it a "trading asset".