Folangsi Co., Limited Class H (HK:2499) has released an update.
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Folangsi Co., Ltd. has provided additional details on the financial terms of its acquisition of a target company, with the consideration adjusted based on actual net assets value. The expected maximum consideration is approximately RMB33,923,000, keeping the acquisition as a discloseable transaction under a 25% threshold. The company assures shareholders that the terms are fair, with the final consideration to be based on the target’s financials at completion.
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