Sino-Entertainment Technology Holdings Limited (HK:6933) has released an update.
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Sino-Entertainment Technology Holdings Limited has announced the completion of a joint venture agreement focusing on a SocialFi mobile app with blockchain technology. The deal, finalized after trading hours on September 10, 2024, involves the subscription of new shares, resulting in a 51% holding by the company’s subsidiary SEHKIHL and a 49% stake by the independent party TIMCL. This strategic move aims to bolster the company’s position in the tech-supported entertainment sector.
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