Beijing Energy International Holding Co., Ltd. (HK:0686) has released an update.
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Beijing Energy International Holding Co., Ltd. announces a significant investment by subscribing to 6.6% of the share capital of a target company, with the transaction being a discloseable event under Hong Kong’s Listing Rules. The investment terms were set following arm’s length negotiations based on various financial metrics, including stock performance and net asset value. Shareholders are advised to exercise caution as completion is contingent upon certain conditions being met or waived.
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