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Daohe Global Group Limited Explores Acquisition Opportunity in China

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Daohe Global Group Limited Explores Acquisition Opportunity in China

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The latest update is out from Daohe Global Group Limited ( (HK:0915) ).

Daohe Global Group Limited, through a wholly-owned subsidiary, has entered into a Memorandum of Understanding (MOU) for a potential acquisition of a 51% equity interest in a limited company based in the People’s Republic of China. The proposed acquisition, valued at approximately RMB51 million, is non-binding and subject to further negotiations and agreement on the terms of a formal contract. The agreement includes a refundable deposit and an exclusivity period of four months, during which the vendor cannot engage with other parties regarding the sale of the target company’s equity interests.

More about Daohe Global Group Limited

Technical Sentiment Consensus Rating: Sell

Current Market Cap: €22.49M

Find detailed analytics on 0915 stock on TipRanks’ Stock Analysis page.

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