Ming Shing Group Enters Talks to Acquire StoryFlow Technology for $130 Million

Reuters
Yesterday
<a href="https://laohu8.com/S/MSW">Ming Shing</a> Group Enters Talks to Acquire StoryFlow Technology for $130 Million

Ming Shing Group Holdings Ltd. has entered into a non-binding letter of intent with LHS Prime Limited, Blue Continental Holdings Limited, and Beyond Value Wealth Limited for the potential acquisition of the entire issued share capital of StoryFlow Technology Limited, a British Virgin Islands-based company specializing in artificial intelligence infrastructure and knowledge retrieval solutions. The proposed consideration for the transaction is US$130 million, with payment terms to be finalized following due diligence, valuation, and further negotiations. The companies aim to reach a binding agreement within twelve months from the date of the letter of intent.

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