China Bright Culture Group (HK:1859) has released an update.
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China Bright Culture Group has announced that Eastern Pearl Capital SPC will potentially become its largest shareholder after agreeing to acquire an additional 14.39% stake. This transaction, if completed, will increase Eastern Pearl’s shareholding to approximately 28.85% of the company’s total issued share capital. Investors are cautioned as the deal’s finalization depends on the resumption of the company’s share trading.
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