Future World Holdings Limited ( (HK:0572) ) just unveiled an announcement.
Future World Holdings Limited has entered into a Sales and Purchase Agreement to acquire the entire equity interest in Aspire Holding and the Shareholder’s Loan for a total consideration of HK$27,738,000. This transaction will be completed through the issuance of Consideration Shares and a Promissory Note. Upon completion, Aspire Holding will become a wholly-owned subsidiary of Future World Holdings Limited. The acquisition is classified as a discloseable transaction under the Listing Rules, requiring reporting and announcement due to its applicable percentage ratios. The completion of this acquisition is conditional, and stakeholders are advised to exercise caution.
More about Future World Holdings Limited
YTD Price Performance: -19.83%
Average Trading Volume: 194,408
Technical Sentiment Consensus Rating: Buy
Current Market Cap: HK$129.5M
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