MECOM Power & Construction Ltd. (HK:1183) has released an update.
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MECOM Power and Construction Ltd. has announced a significant shift in ownership as Mr. Kuok Wai Hang acquires Macau New Base Investment Company Limited, which holds a 13.56% stake in the company, making him a substantial shareholder. This change comes after a complete transfer of shares from the previous stakeholders. The company assures that this alteration in substantial shareholding will not negatively impact its operations or subsidiaries.
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