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Mexan ( (HK:0022) ) has provided an announcement.
Mexan Limited has announced a major transaction involving the acquisition of the remaining 49% shareholding and all remaining sale loans of a target company for HK$10,823,124.95. This acquisition is part of Mexan’s strategy to enhance its internal control system, with an independent consultant appointed to conduct an annual review of risk management and internal control systems. The review will focus on connected and notifiable transaction management processes to ensure compliance with corporate governance codes, with findings to be disclosed in the company’s annual report.
More about Mexan
YTD Price Performance: 135.00%
Average Trading Volume: 3,300,288
Technical Sentiment Signal: Sell
Current Market Cap: HK$184.8M
Find detailed analytics on 0022 stock on TipRanks’ Stock Analysis page.