Energy International Investments Holdings Ltd (HK:0353) has released an update.
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Energy International Investments Holdings Limited has announced the completion of due diligence and acquisition of a 40% stake in a target company, with positive findings from legal and financial audits affirming the target’s good standing and fair valuation. The acquisition, part of a strategic move in the Chinese credit assessment fintech sector, was secured at an 8.7% discount to the fair valuation, potentially hinting at a shrewd investment move by the company.
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