Tongguan Gold Group Completes Acquisition of Target Company
Reuters
Nov 07
Tongguan Gold Group Completes Acquisition of Target Company
Tongguan Gold Group Ltd. has completed its acquisition of 100% of the share capital in the target company, following the fulfillment of all conditions precedent under the relevant sale and purchase agreement. The transaction involved the issuance of consideration shares in accordance with previously agreed terms. As a result, the target company is now a wholly-owned subsidiary of Tongguan Gold Group, and its financial information will be consolidated into the group's financial statements.
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