Tam Jai International Co., Ltd. (HK:2217) has released an update.
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Tam Jai International Co., Ltd. has announced a connected transaction involving the acquisition of a target company from its controlling shareholder, Toridoll HK, for HK$4.1 million. This strategic acquisition, which also includes the repayment of a shareholder’s loan, is guided by favorable financial performance and market valuations. The deal is subject to certain reporting and announcement requirements under Hong Kong’s listing rules.
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