Jade Road Investments Limited (GB:JADE) has released an update.
Jade Road Investments Limited has announced successful shareholder approval for the disposal of its Legacy Assets, with the transfer process to Eastern Champion Limited expected to conclude by the end of May 2024. This strategic move aims to reposition the company for a significant reverse takeover, which is projected to transform Jade Road Investments and provide shareholders with new business interests. While managing current tight capital, the company is also in discussions for potential acquisitions and is preparing to raise additional funds to facilitate these opportunities.
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