Trendzon Holdings Group Limited (HK:1865) has released an update.
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Trendzon Holdings Group Limited has announced a supplemental agreement regarding its acquisition of a 51% stake in Zhejiang Taiding Construction. The company disclosed that revenue and profit guarantees for FY2023 were not fulfilled, impacting the payment structure of the acquisition. This development highlights the risk factors investors should consider in relation to Trendzon’s strategic investments.
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