Guoquan Food (Shanghai) (HKG:2517) completed the acquisition of a 41% stake in Beihai Daixiaji Food, according to a Tuesday filing with the Hong Kong bourse.
Upon completion of the deal, Guoquan Food's shareholding in Beihai Daixiaji Food will increase to 51% from 10%. However, despite holding a majority stake, Guoquan Food will classify Beihai Daixiaji Food as an associate company rather than a subsidiary, according to a September disclosure.
The company's shares were up by almost 2% at the end of trading.
免責聲明：投資有風險，本文並非投資建議，以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請，作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考，不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證，投資者應自行研究並在投資前尋求專業建議。