Tasmea Ltd. (AU:TEA) has released an update.
Tasmea Ltd. is expanding its business portfolio by acquiring Future Engineering Group, a transaction partly funded through the issuance of 7 million new shares at A$2.50 each, totaling A$17.5 million. This strategic move, announced on September 2, 2024, aims to enhance the company’s market position and will see these newly issued shares quoted on the ASX under the code TEA.
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