China Rare Earth Holdings Limited $(CRE)$ has announced the completion of its acquisition of tungsten bars. This transaction involved the issuance of consideration shares under a general mandate. The conditions precedent under the agreement were fulfilled on June 15, 2025, and the completion took place soon after. As a result of this transaction, the shareholding structure of CRE has been updated, with Ms. Ong Shing Lan, the sole shareholder and director of the vendor company Multiple View International Limited, now holding 400,000,000 shares, representing 14.3% of the company's shares. The total number of shares has increased to 2,790,450,281.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. CRE - China Rare Earth Holdings Limited published the original content used to generate this news brief on June 16, 2025, and is solely responsible for the information contained therein.