New Silkroad Culturaltainment Ltd. (HK:0472) has released an update.
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New Silkroad Culturaltainment Ltd. has announced a significant acquisition of a property in Beijing for approximately HK$47.9 million, marking a strategic investment by its subsidiary, Beijing Yuehao Property Management Co., Ltd. The transaction falls under discloseable transactions as per Hong Kong’s Listing Rules, highlighting the company’s expansion efforts. This move indicates New Silkroad’s growing interest in the real estate sector.
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