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The latest update is out from Beijing Health (Holdings) Limited ( (HK:2389) ).
Beijing Health (Holdings) Limited has announced a significant development involving its financial and operational structure. The company has entered into an Acting in Concert Agreement with Jinfu, effectively gaining control over the Target Company by holding a majority of its voting power. This strategic move will result in the Target Company becoming a subsidiary of Beijing Health, with its financial results consolidated into the company’s financial statements, marking a deemed acquisition.
More about Beijing Health (Holdings) Limited
Average Trading Volume: 1,739,796
Technical Sentiment Signal: Strong Sell
Current Market Cap: HK$448.3M
Learn more about 2389 stock on TipRanks’ Stock Analysis page.