Winny Immigration & Education Services Limited — Others, 12-11-2024: Statement of deviation(s) or variation(s) under Reg. 32

Winny Immigration & Education Services Ltd has confirmed that there is no deviation or variation in the use of proceeds from its initial public offering during the quarter ended September 30, 2024. The Audit Committee and Board of Directors reviewed and ratified this statement, indicating the funds were utilized as outlined in the company's Prospectus. However, there is a noted variance in actual expenses for issue-related costs compared to projected amounts, which were covered by internal accruals.

This clarity could foster a positive outlook among investors, as it demonstrates adherence to strategic financial planning and utilization of raised funds.