Trendzon Holdings Group Limited (HK:1865) has released an update.
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Trendzon Holdings Group Limited has entered into a Memorandum of Understanding with Central Asia Equity Investment Fund Management to potentially acquire a 51% stake in Xiexin Industrial Park Management. This proposed acquisition is subject to a definitive agreement, and during the exclusivity period, Trendzon will conduct due diligence on Xiexin. The acquisition terms will be based on an independent valuation of Xiexin.
For further insights into HK:1865 stock, check out TipRanks’ Stock Analysis page.