Pak Tak International Plans Major Acquisition

Pak Tak International Limited (HK:2668) has released an update.

Pak Tak International Limited has announced a special general meeting to be held on July 19, 2024, to approve a major acquisition involving Zongchuan Investment Holding Co., Limited, and to approve the issue of 950 million new shares at HK$0.336 each as consideration for the deal. Shareholders of Pak Tak will also grant Directors the authority to finalize the transaction details, reflecting a strategic move that could potentially reshape the company’s future.

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