Meta Media Holdings Ltd. has announced the acquisition of approximately 3% of the issued share capital in Modern Digital Holdings Limited. The consideration for the transaction was determined through arm's length negotiations, taking into account the net assets of Modern Digital Holdings Limited's group, valued at around RMB251 million as of December 31, 2024, as well as the group's historical performance and unique brand value. The transaction also considered the company's high-net-worth user base, significant AI application potential, and strategic synergies with Meta Media Holdings Ltd. The board assessed the consideration as being on normal commercial terms or better under relevant listing rules.
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