Fullsun International Holdings Group Co Ltd (HK:0627) has released an update.
Fullsun International Holdings Group Co Ltd has announced a significant move with the acquisition of the entire issued share capital of a target company for HK$400,000,000, making it a major and connected transaction. This acquisition requires shareholder approval due to its size and the fact that the vendor is a connected person within the company. An Independent Board Committee and a Financial Advisor have been appointed to guide shareholders through the approval process.
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