Sheen Tai Holdings Group Co. Ltd. (HK:1335) has released an update.
Sheen Tai Holdings Group Co. Ltd. has announced the signing of a Memorandum of Understanding (MOU) for a strategic acquisition, where the company intends to buy all shares of a technology entity that specializes in software development and owns significant digital asset technology equipment. The final acquisition terms, including the purchase price, are to be negotiated based on a valuation report and subject to the fulfillment of specific conditions, such as due diligence and regulatory approvals.
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