CMGE Technology Group Limited (HK:0302) has released an update.
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CMGE Technology Group Limited has announced the conditional acquisition of Target IP Rights from Softstar through its subsidiary SuperNova. The deal includes a cash payment and the issuance of Consideration Shares, subject to Softstar Shareholders’ Approval. Investors are cautioned to be prudent with their dealings as the transaction is pending and further announcements will follow according to Listing Rules.
For further insights into HK:0302 stock, check out TipRanks’ Stock Analysis page.