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SEEC Media Group Announces Strategic Acquisition of Target Company

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SEEC Media Group Announces Strategic Acquisition of Target Company

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SEEC Media Group Limited ( (HK:0205) ) has shared an announcement.

SEEC Media Group Limited has announced a discloseable transaction involving the acquisition of 100% equity interest in a target company through its wholly-owned subsidiary, Honor Fame. The acquisition will be completed by issuing 147,000,000 consideration shares to the vendor, representing approximately 11.75% of the company’s enlarged share capital. This strategic move will allow SEEC Media Group to consolidate the financial results of the target company into its own, potentially enhancing its market position and operational capabilities.

More about SEEC Media Group Limited

SEEC Media Group Limited is a company incorporated in the Cayman Islands and continued in Bermuda with limited liability. It operates in the media industry and is listed on the Hong Kong Stock Exchange under the stock code 205.

Average Trading Volume: 780,658

Technical Sentiment Signal: Buy

Current Market Cap: HK$342.3M

For an in-depth examination of 0205 stock, go to TipRanks’ Overview page.

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