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GSTechnologies Expands with Semnet Stake Acquisition

GSTechnologies Expands with Semnet Stake Acquisition

GSTechnologies Ltd. (GB:GST) has released an update.

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GSTechnologies Ltd has announced the issuance of 58,844,713 Ordinary Shares to complete its acquisition of a 66.67% stake in Semnet Pte Ltd, valued at $1 million. These shares, priced at 1.34 pence each, are part of the company’s strategic moves, including a potential NASDAQ listing for Semnet. The issuance increases GST’s total share capital to over 2 billion, impacting shareholder voting rights.

For further insights into GB:GST stock, check out TipRanks’ Stock Analysis page.

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