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The latest announcement is out from Wang & Lee Group, Inc. ( (WLGS) ).
On March 12, 2025, Wang & Lee Holdings, Inc. entered into a definitive agreement to acquire Solar (HK) Limited from Allied Worldwide Industries Limited for HK$15,000,000. This acquisition, to be completed through a convertible promissory note, will allow Wang & Lee to own the entire share capital of Solar HK. The acquisition is expected to enhance Wang & Lee’s existing business operations by leveraging Solar HK’s comprehensive services and strong client base, potentially strengthening its position in the renewable energy market.
More about Wang & Lee Group, Inc.
Wang & Lee Group, Inc. operates in the renewable energy sector, focusing on solar energy solutions. The company provides services such as solar photovoltaic system design and installation, green energy project approvals, and emission reduction management.
YTD Price Performance: 71.43%
Average Trading Volume: 503,592
Technical Sentiment Consensus Rating: Sell
For an in-depth examination of WLGS stock, go to TipRanks’ Stock Analysis page.