Central Wealth Group Holdings Limited (HK:0139) has released an update.
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Central Wealth Group Holdings Limited has announced its acquisition of a 51% equity stake in a Hong Kong-based company for HK$60 million. This strategic move transforms the target company into a subsidiary, with its financial results set to be consolidated with Central Wealth Group’s accounts. The acquisition is subject to due diligence and other conditions, with completion expected by March 31, 2025.
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