Shandong Hi-Speed Holdings Group Limited (HK:0412) has released an update.
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Shandong Hi-Speed Holdings Group Limited has completed the acquisition of shares in Shandong Hi-Speed New Energy Group Limited, now holding a 56.97% stake. Following this acquisition, a mandatory unconditional cash offer is set to be made for the remaining shares and outstanding share options. This move reflects the company’s strategic expansion in the energy sector.
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