Yeahka Limited (HK:9923) has released an update.
Don't Miss our Black Friday Offers:
- Unlock your investing potential with TipRanks Premium - Now At 40% OFF!
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter
Yeahka Limited has announced the acquisition of an additional 15% equity interest in a target company, which will result in the target becoming a wholly-owned subsidiary upon completion. The deal, valued at RMB 18,746,821.24, was settled through arm’s length negotiations with payment structured in four cash instalments, financed by Yeahka’s internal resources. This strategic move follows previous acquisitions, consolidating the company’s control over the target and its financial results.
For further insights into HK:9923 stock, check out TipRanks’ Stock Analysis page.