Tianneng Power International (HK:0819) has released an update.
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Tianneng Power International successfully completed the acquisition of a 28.57% stake in a connected subsidiary, maintaining its significant control with 65% ownership. This strategic move, executed through put options, reinforces Tianneng’s consolidation of financial results, potentially influencing its market performance.
For further insights into HK:0819 stock, check out TipRanks’ Stock Analysis page.