Mengniu Dairy (02319) rose more than 3%. As of press release, it rose 3.57% to HK$1,450, with a turnover of HK$207 million.
The Zhitong Finance App learned that Mengniu Dairy (02319) rose more than 3%. As of press release, it had risen 3.57% to HK$14.50, with a turnover of HK$207 million.
According to the news, on the evening of June 28, Mirco Land revealed the announcement of the resolution of the 2024 Second Extraordinary General Meeting of Shareholders. According to the announcement, the company's previous bill to acquire 100% of the shares and related transactions of Inner Mongolia Mongolian Milk Cheese Co., Ltd. (hereinafter referred to as “Mongolian Milk Cheese”) in cash was reviewed and passed. After the transaction is completed, Mongolian Cheese will become a wholly-owned subsidiary of Melocalando.
According to information, previously, on June 12, Mirco Land issued an announcement. In order to resolve the problems of peer competition between the company and Mongolian Cheese in the cheese business, and further enhance the company's profitability and core competitiveness, as well as its position as a leader in the cheese category, the company plans to acquire 100% of Mongolian Cheese's shares in cash.