Central Wealth Group Holdings Ltd. has announced an update regarding its acquisition activities involving two companies. The group is acquiring a 51% equity interest in one company and a 100% equity interest in another. Initially, these acquisitions were negotiated separately, leading to a misunderstanding about the need for shareholder approval. To address this, the company will seek ratification from shareholders at an upcoming special general meeting. Additional measures, including training for relevant personnel, have been implemented to prevent similar issues in the future. A circular detailing the acquisitions and a notice of the special general meeting will be dispatched to shareholders by 30 September 2025.
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