China Bright Culture Group (HK:1859) has released an update.
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.
For further insights into HK:1859 stock, check out TipRanks’ Stock Analysis page.