ESR Group Limited (HK:1821) has released an update.
ESR Group Limited has successfully increased its stake in LOGOS Property Group Limited by acquiring shares from the remaining founders. The transactions, completed in mid-2024, involved a mix of cash and new share issuances under the General Mandate, further consolidating ESR’s hold on the company. This strategic move followed an initial acquisition of an 86.4% interest in LOGOS as part of a broader transaction in 2021.
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