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Central Wealth Group Expands with Major Acquisitions

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Central Wealth Group Expands with Major Acquisitions

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Central Wealth Group Holdings Limited ( (HK:0139) ) has provided an update.

Central Wealth Group Holdings Limited has announced major transactions involving the acquisition of equity interests and securities. The company has acquired 100% of the issued share capital of Target Company A for HK$15,000,000 and additional shares for HK$10,000,000, with the transactions being classified as major under the Listing Rules. This strategic move is expected to enhance the company’s market position by consolidating the financial results of the acquired entities, potentially increasing shareholder value.

More about Central Wealth Group Holdings Limited

Average Trading Volume: 268,372,921

Technical Sentiment Signal: Sell

Current Market Cap: HK$450.5M

See more insights into 0139 stock on TipRanks’ Stock Analysis page.

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