Aceso Life Science Group Limited (HK:0474) has released an update.
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Aceso Life Science Group Limited and Hao Tian International Construction Investment Group Limited have announced their intent to acquire 55% of SEV Holding Pte. Ltd., a company focused on electric vehicle sales and charging solutions in Singapore. The non-binding agreement involves a proposed HK$433.27 million investment, paid through new shares issued by HTICI at HK$0.35 each. This strategic move aims to diversify their portfolios and capitalize on the growing green energy market, aligning with aggressive global policies promoting electric vehicle use.
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