Tongguan Gold (00340) Completes Acquisition of 100% Stake in Target Company
Bulletin Express
Nov 07
Tongguan Gold Group Limited (Stock Code: 00340) announced the completion of a disclosable transaction involving the acquisition of the entire issued share capital of the Target Company. All conditions specified under the related Sale and Purchase Agreement were fulfilled, and the completion date was 7 November 2025.
According to the announcement, the consideration shares have been duly issued in line with the agreement’s terms. Following the transaction, the Target Company has become a wholly owned subsidiary of Tongguan Gold Group Limited, and its financial information will be consolidated into the group’s accounts.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.