Biolidics Ltd. (SG:8YY) has released an update.
Claim 50% Off TipRanks Premium and Invest with Confidence
- Unlock hedge-fund level data and powerful investing tools designed to help you make smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis so your portfolio is always positioned for maximum potential
Biolidics Limited has successfully completed the acquisition of Shenzhen Xiaozhao Network Technology Co., Ltd., with its subsidiary, Embracing Future E-Sports Pte. Ltd., holding 100% of the equity interest. This strategic move is expected to enhance the company’s presence in the e-sports industry, and Biolidics plans to keep shareholders updated on future financial milestones related to the acquisition. This marks a significant step for Biolidics as it ventures into new markets.
For further insights into SG:8YY stock, check out TipRanks’ Stock Analysis page.