Fullshare Holdings (DE:WAV) has released an update.
Fullshare Holdings Limited has announced a significant shift in its business structure with the conditional agreement to sell 100% equity interest in Fengsheng KL to an unnamed purchaser. The transaction will result in the Fengsheng KL Group no longer being a subsidiary of Fullshare Holdings, although the latter will retain a 26.67% indirect equity interest in Fullshare DZ. Shareholders are advised to exercise caution when dealing with the company’s shares, as the completion of the deal is contingent on certain conditions being met.
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