Sinolink Worldwide Holdings (HK:1168) has released an update.
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Sinolink Worldwide Holdings has entered into an agreement to acquire all Series A shares of RGAP from RSI for $2 million, making RGAP an indirect wholly owned subsidiary. This major transaction, which surpasses 25% of the company’s asset ratio, has already secured shareholder approval, eliminating the need for a general meeting. Investors are advised to stay informed as the transaction’s completion is contingent upon certain conditions being met.
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