Virtual Mind Holding Explores Security Sector Expansion
Company Announcements

Virtual Mind Holding Explores Security Sector Expansion

Virtual Mind Holding Company Limited (HK:1520) has released an update.

Virtual Mind Holding Company Limited, a Cayman Islands-based firm, has announced a non-binding memorandum of understanding to acquire a significant stake in Tonwell Security Limited from Golden Source Securities Holdings Limited. The potential acquisition, which is subject to further negotiation and due diligence, will allow the Group to expand its business by tapping into the growing demand for security and guarding services, thus broadening its business scope.

For further insights into HK:1520 stock, check out TipRanks’ Stock Analysis page.

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