Yadong Group Holdings Ltd. Acquires Entire Issued Share Capital of Target Company, Plans to Establish Manufacturing Facility
Yadong Group Holdings Ltd. has announced the acquisition of the entire issued share capital of Brilliant Textile Pte. Ltd., a company incorporated in Singapore. The transaction includes the purchase of shares from the Vendor and involves Amazing Ecotech Textile Company Limited, a 75% owned subsidiary of Brilliant Textile. The acquisition, formalized through an agreement dated 25 July 2025, aligns with Yadong Group's business strategy and is viewed by the Board, including independent non-executive Directors, as a beneficial move for the company. Yadong Group plans to establish its own manufacturing facility on land for which Amazing Ecotech holds usage rights until 2082, potentially leveraging growth opportunities associated with the Target Company.
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. Yadong Group Holdings Ltd. published the original content used to generate this news brief on July 25, 2025, and is solely responsible for the information contained therein.
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