Greentown Service Group Co. Ltd. (HK:2869) has released an update.
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Greentown Service Group Co. Ltd. has announced a significant transaction involving the acquisition of a 25% equity interest in Hangzhou Jiancheng Assets Management Company Limited for approximately RMB223 million. This move increases Greentown’s stake to 45%, reshaping the ownership dynamics within the company. Investors should note that the acquisition, classified as a connected transaction, is subject to fulfillment of certain conditions.
For further insights into HK:2869 stock, check out TipRanks’ Stock Analysis page.
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