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The latest update is out from China Leon Inspection Holding Limited ( (HK:1586) ).
China Leon Inspection Holding Limited, through its indirect wholly-owned subsidiary, has entered into an agreement to acquire the remaining 45% equity interest in a target company, making it a wholly-owned subsidiary. The acquisition, valued at RMB50,000,000, is a connected transaction under Hong Kong’s Listing Rules, requiring reporting and announcement but exempt from certain other regulatory requirements. This strategic move is expected to enhance the company’s operational control and potentially improve its market positioning.
More about China Leon Inspection Holding Limited
Average Trading Volume: 207,275
Technical Sentiment Signal: Buy
Current Market Cap: HK$1.44B
Find detailed analytics on 1586 stock on TipRanks’ Stock Analysis page.