Wanka Online, Inc. (HK:1762) has released an update.
Wanka Online, Inc. has voluntarily announced an Acting-in-Concert Agreement among major shareholders, including chairman Mr. Gao and CEO Ms. Jiang, consolidating their influence over the company. The agreement aligns their actions concerning their partnership interests in United Millennial Tech Limited Partnership, effectively increasing their combined decision-making power. This strategic move reflects a significant reorganization of shareholding interests, thereby potentially impacting the company’s future governance and stock market performance.
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