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Domaine Power Holdings Limited Announces Strategic Membership Acquisition

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Domaine Power Holdings Limited Announces Strategic Membership Acquisition

Elevate Your Investing Strategy:

An update from Domaine Power Holdings Limited ( (HK:0442) ) is now available.

Domaine Power Holdings Limited has announced a discloseable transaction involving the acquisition of memberships and related rights for HK$15,700,000. This acquisition, which includes ownership of one ordinary share of the Gold Exchange, is subject to approval by the Gold Exchange and involves a deposit of HK$1,500,000 held in escrow. The transaction is significant for the company as it exceeds the 5% threshold under the Listing Rules, marking a strategic move in its business operations.

More about Domaine Power Holdings Limited

Average Trading Volume: 16,923

Technical Sentiment Signal: Sell

Current Market Cap: HK$129.5M

See more insights into 0442 stock on TipRanks’ Stock Analysis page.

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