Biolidics Ltd. (SG:8YY) has released an update.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
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.