Qidian International Co., Ltd. (HK:1280) has released an update.
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Qidian International Co., Ltd. has successfully completed a major and connected transaction, acquiring the entire issued capital of a target company through the issuance of 850 million shares. This move has significantly altered the company’s shareholding structure, with the consideration shares comprising about 47.07% of the enlarged issued share capital. The financial results of the newly acquired subsidiary will now be consolidated into Qidian International’s financial statements.
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