Meta Media Holdings Ltd. has announced a discloseable and connected transaction involving the acquisition of approximately 3% of the issued share capital in Modern Digital Holdings Limited. Under the terms of the transaction, Meta Media Holdings will acquire 42,857 shares in Modern Digital Holdings from Hong Kong Septwolves Invest-Holding Limited, an indirect wholly-owned subsidiary of Fujian Septwolves Industry Co., Ltd. The initial consideration for the acquisition is RMB11.6 million. Upon completion, Meta Media Holdings will increase its stake in Modern Digital Holdings, further consolidating its position in the company.

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