Telecom Digital Holdings Ltd. Announces HK$40 Million Acquisition of Target Company from TD King Finance Group Ltd

Reuters
Jul 29
Telecom Digital Holdings Ltd. Announces HK$40 Million Acquisition of Target Company from TD King Finance Group Ltd

Telecom Digital Holdings Limited has announced that its wholly-owned subsidiary, Telecom Digital Investment Limited, has entered into a Sale and Purchase Agreement to acquire the entire share capital of the Target Company from TD King Finance Group Ltd for HK$40,000,000. This acquisition aims to leverage Telecom Digital's customer base while expanding market reach for both entities by introducing their telecommunications services to the Target Company's clients. The transaction, which is conditional upon certain conditions being met, was detailed in an announcement by Telecom Digital Holdings Ltd. The acquisition is part of the company's strategy to enhance its telecommunications and related business operations in Hong Kong.

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