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Fineland’s Pending Acquisition Payment and Audit

Fineland’s Pending Acquisition Payment and Audit

Fineland Real Estate Services Group (HK:9978) has released an update.

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Fineland Living Services Group Limited is in the process of settling the 5th payment instalment for the acquisition of Guangdong Yikang Property Service Co., Ltd., contingent on meeting the agreed profit target. An external auditor is involved, but the company has yet to agree on the results, continuing negotiations to reach an amicable solution. Shareholders are advised to be cautious when trading company shares.

For further insights into HK:9978 stock, check out TipRanks’ Stock Analysis page.

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