Onewo, Inc. Class H (HK:2602) has released an update.
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Onewo Inc. has announced a connected transaction involving the transfer of 100% equity interest in Wanyi Commercial Management to Beijing Vanke Service for RMB55 million. This transaction will see Wanyi Commercial Management become a subsidiary of Onewo, enhancing its financial consolidation. The deal, negotiated at arm’s length, is deemed fair and beneficial for the company’s stakeholders.
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