Desun Real Estate Investment Services Group Co., Ltd. (HK:2270) has released an update.
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Desun Real Estate Investment Services Group Co., Ltd. has finalized a deal through its subsidiary Chengdu Fengzhi to acquire 100% equity interest in an unnamed Target Company from Smart Green for RMB 258,238.62. This transaction will make the Target Company an indirect wholly-owned subsidiary of Desun, integrating its financial results into Desun’s consolidated financial statements. The deal is classified as both a discloseable and connected transaction under the Hong Kong Listing Rules, requiring reporting and announcement but exempt from independent shareholder approval.
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