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An announcement from Add New Energy Investment Holdings Group Ltd. ( (HK:2623) ) is now available.
Add New Energy Investment Holdings Group has issued a supplemental announcement regarding its previously disclosed acquisition of 37.7 million shares in HRZ through a sale and purchase agreement with several vendors. The company reported that one vendor, Ocean Wing, has changed ultimate ownership from Ms. Cindy Deng to Mr. Zhang Xianzhong, but stressed that the contractual parties to the transaction remain the same and that Mr. Zhang is independent of the company and its connected persons.
The board confirmed that there is no other relationship between the former and new owner of Ocean Wing beyond the share transfer and that this change does not alter the key terms or validity of the acquisition. As a result, the company maintains that all other aspects of the original transaction announcement are unchanged, signalling that its planned investment in HRZ shares and the associated issuance of consideration shares under its general mandate will proceed as previously outlined.
More about Add New Energy Investment Holdings Group Ltd.
Add New Energy Investment Holdings Group Limited, incorporated in the Cayman Islands and listed in Hong Kong, operates in the new energy and related investment sector. The company is engaged in investing in energy-related assets and listed securities, using capital markets transactions to expand its portfolio and enhance returns for shareholders within the broader clean energy and resources space.
Average Trading Volume: 3,412,184
Technical Sentiment Signal: Buy
Current Market Cap: HK$2.68B
For an in-depth examination of 2623 stock, go to TipRanks’ Overview page.