GCL New Energy Holdings (HK:0451) has released an update.
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GCL New Energy Holdings Limited has announced a significant investment of $14 million into a clean energy fund, aiming to maximize long-term absolute returns by subscribing for 14,000 Class A Shares. The investment aligns with their strategy to diversify into energy and related advanced manufacturing industries, utilizing internal resources for the subscription, which falls under a discloseable transaction as per the Listing Rules.
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