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Ruicheng (China) to Buy Second-hand Gadgets Platform for HK$83 Million; Shares Up 3%
Ruicheng China intends to acquire Leading Group Co., Ltd. for HKD 82.6 million.
Ruicheng China (01640) announced that on July 24, 2024, the company plans to acquire all the issued share capital of Chuang Ling Group Co., Ltd. from Li Ye and Cong Peijin, with an initial price of HKD 82.6 million (adjustable). Among them, HKD 48 million will be settled through the issuance and issuance of 80 million shares of consideration shares, and HKD 34.6 million will be settled in cash (adjustable). The target company is mainly engaged in investment holding, directly holding 100% equity of Hainan Queke Technology Co., Ltd. (A foreign-funded limited liability company established in China), while Hainan Queke Technology...
Ruicheng China (01640.HK) plans to acquire the entire equity of Chuangling Group for HKD 82.6 million.
Ruicheng China Media (01640.HK) announced on July 24 that the sellers (Li Ye, Cong Peijin) have entered into an agreement with the company on July 24, 2024. Based on this, the company has agreed to purchase and the sellers have agreed to sell all the issued shares of the target company, Chuanglei Group Co., Ltd., as of the date of this announcement, for a total consideration of HKD 82.6 million (adjustable), some of which will be settled through the issuance and distribution of consideration shares and some will be settled in cash (adjustable). After completion, the company will legally and beneficially own all the issued shares of the target company.
Express News | Ruicheng (China) Media - to Purchase Charm Linkage for HK$82.6 Mln
Revenues Not Telling The Story For Ruicheng (China) Media Group Limited (HKG:1640) After Shares Rise 25%
Ruicheng China Media (01640) subsidiary plans to sell all the equity of Shanghai Karen Advertising to Beijing Youlan Culture Media for 200,000 yuan.
Ruicheng China (01640) announces that on June 28, 2024, the seller Beijing Ruicheng Advertising Co., Ltd...
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