Trendzon Holdings Group Limited ( (HK:1865) ) has issued an update.
Trendzon Holdings Group Limited has announced a discloseable transaction involving the acquisition of 100% equity interest in a target company. The acquisition, conducted through its indirect wholly-owned subsidiary, Penggao Green New Energy (Guangzhou) Co., Ltd., will result in the target company becoming an indirect wholly-owned subsidiary of Trendzon Holdings. This move is expected to consolidate the financial results of the target company into Trendzon Holdings’ financial statements, potentially impacting the company’s operations and market positioning. The acquisition is subject to certain conditions and may not proceed, prompting caution among shareholders and potential investors.
More about Trendzon Holdings Group Limited
YTD Price Performance: -6.00%
Average Trading Volume: 4,397,978
Technical Sentiment Consensus Rating: Strong Buy
Current Market Cap: HK$166.5M
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