Hans Energy Co. Ltd. (HK:0554) has released an update.
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Hans Energy Co. Ltd has successfully completed a significant transaction, acquiring 54.44% of the issued share capital of a target company, which has led to the target becoming a non-wholly owned subsidiary of Hans Energy. In connection with this acquisition, the company has also completed the issuance of 278,915,965 consideration shares to TWB Holdings, altering the shareholding structure and slightly diluting the percentage held by other shareholders.
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