Virtual Mind Holding Company Limited ( (HK:1520) ) has shared an announcement.
Virtual Mind Holding Company Limited has announced a memorandum of understanding for a potential acquisition of up to 15% equity interest in N-Bridge Capital Group Limited. This strategic move involves negotiations with the vendors, including Mr. Mei Weiyi, the company’s chairman, and aims to strengthen Virtual Mind’s investment portfolio. The acquisition will be financed through the issuance of new shares at a discounted rate, and the company will conduct due diligence during an exclusivity period until June 30, 2025.
More about Virtual Mind Holding Company Limited
Virtual Mind Holding Company Limited, incorporated in the Cayman Islands, operates in the financial sector with a focus on investment and acquisition activities. The company is listed on the Hong Kong Stock Exchange and engages in strategic partnerships and acquisitions to enhance its market position.
YTD Price Performance: -23.53%
Average Trading Volume: 862,378
Technical Sentiment Signal: Buy
Current Market Cap: HK$348.7M
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