CAI Corp., formerly known as China New Economy Fund Limited, has entered into agreements to acquire equity interests in two target companies. The transaction involves the issue of consideration shares under a specific mandate. Mr. Cai, the company's ultimate controlling shareholder, non-executive Director, and chairman, abstained from voting on the board resolutions related to these acquisitions. No other directors were required to abstain due to material interests. The company will provide further details to shareholders in a forthcoming circular.
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