Mexan Limited Completes Acquisition Amidst Target’s Losses

Mexan (HK:0022) has released an update.

Mexan Limited has announced the acquisition of the remaining 49% shareholding and sale loan of their target company, despite the target company reporting a net loss for the financial year ending March 2024. This strategic move aims to consolidate Mexan’s position in the market, potentially offering new growth opportunities for interested investors.

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