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Pengo Holdings Completes Major Capital Subscription Transaction

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Pengo Holdings Completes Major Capital Subscription Transaction

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An announcement from Trendzon Holdings Group Limited ( (HK:1865) ) is now available.

Pengo Holdings Group Limited, formerly known as Trendzon Holdings Group Limited, has completed a significant transaction involving the subscription of registered capital in a target company. This transaction allows Pengo Holdings to acquire approximately 51% of the enlarged registered capital of the target company, granting it control over the target and project companies. As a result, these entities will be consolidated into Pengo Holdings’ financial statements as indirect non-wholly owned subsidiaries, enhancing its operational scope and market influence.

More about Trendzon Holdings Group Limited

Average Trading Volume: 3,219,037

Technical Sentiment Signal: Sell

Current Market Cap: HK$202.6M

For detailed information about 1865 stock, go to TipRanks’ Stock Analysis page.

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