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Green Economy Development Unit to Acquire 100% Stake in Investment Holding Firm
Green Economy Development Secures New Acquisition
Green Economy (01315.HK) plans to acquire all the equity of Runpeng Holdings for 0.087 million Hong Kong dollars.
On September 11th, Greelong Green Economy (01315.HK) announced that on September 11th, 2024, the buyer, Start Shinning Pte. Ltd. (an indirect wholly-owned subsidiary of the company), and the seller, Right Harmony Limited, entered into a purchase agreement. Accordingly, the buyer conditionally agreed to purchase and the seller conditionally agreed to sell the shares (i.e., the issued shares of the target company, Runpeng Holdings Limited) for a price of 0.087 million Hong Kong dollars. The target company is a limited company registered under the laws of the British Virgin Islands, mainly engaged in investment holding and...
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