MOG Holdings Limited (HK:1942) has released an update.
MOG Holdings Limited is expanding its portfolio through a strategic acquisition, purchasing the entire share capital of a target company and a shareholder’s loan for a total of HK$70 million. This transaction will turn the target into a subsidiary of MOG Holdings, directly impacting the group’s financials. Shareholders are cautioned, however, as the completion of the deal is contingent on certain conditions being met.
For further insights into HK:1942 stock, check out TipRanks’ Stock Analysis page.
