Asia Allied Infrastructure Holdings Limited (HK:0711) has released an update.
Invest with Confidence:
- Follow TipRanks' Top Wall Street Analysts and uncover their success rate and average return.
- Join thousands of data-driven investors – Build your Smart Portfolio for personalized insights.
Asia Allied Infrastructure Holdings Limited has successfully completed the acquisition of 51% share capital of the Target Company, making it a non-wholly owned subsidiary. This transaction involved issuing new shares, altering the company’s shareholding structure, with GT Winners Limited’s stake decreasing slightly. The consolidation of the Target Company’s financials into the group’s statements is expected to impact Asia Allied’s future financial performance.
For further insights into HK:0711 stock, check out TipRanks’ Stock Analysis page.