Asia Resources Holdings Limited (HK:0899) has released an update.
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Zhong Jia Guo Xin Holdings Company Limited has announced the issuance of consideration shares as part payment for the acquisition of two target companies, which has resulted in significant changes to the company’s shareholding structure, introducing a new substantial shareholder. The company’s pre-existing top shareholders have seen a dilution in their percentage of ownership due to the new share distribution.
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