Man Sang International (HK:0938) has released an update.
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Man Sang International Limited has announced a significant acquisition involving its subsidiary, Sichuan Huihong, which will purchase the entire equity interest in a target company for RMB5 million. This transaction, categorized as both a discloseable and connected transaction under Hong Kong’s Listing Rules, highlights strategic growth moves by the company. The acquisition will be financed through internal resources, reflecting confidence in expanding its business portfolio.
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