Sinolink Worldwide Holdings (HK:1168) has released an update.
Don't Miss Our Christmas Offers:
- Discover the latest stocks recommended by top Wall Street analysts, all in one place with Analyst Top Stocks
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter
Sinolink Worldwide Holdings has entered into an agreement to acquire all Series A shares of RGAP from RSI for $2 million, making RGAP an indirect wholly owned subsidiary. This major transaction, which surpasses 25% of the company’s asset ratio, has already secured shareholder approval, eliminating the need for a general meeting. Investors are advised to stay informed as the transaction’s completion is contingent upon certain conditions being met.
For further insights into HK:1168 stock, check out TipRanks’ Stock Analysis page.