As disclosed in a press release dated March 3, 2025, Wang & Lee Group announced that on March 12, 2025, it entered into a sale and purchase agreement on the acquisition of potential Sola Limited for a consideration of HK$15,000,000. The Consideration shall be satisfied by the Company through the issuance of convertible promissory note to the Vendor for the principal amount of HK$15 million. The Acquisition, will integrate SolarHK’s solar expertise and local partnerships to advance WLGS‘s renewable energy projects-including a solar battery-powered crypto mine in Queensland, Australia, developed with NQ Marble Pty Ltd, and future initiatives in Hong Kong’s New Territories with landowners.
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