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polaris Holdings has signed a share exchange agreement with Minasia.
On the 15th, Polaris Holdings <3010> announced that it has decided to conduct a stock exchange to make the company the parent company of Minasia through a complete stock exchange, and to make Minasia the wholly-owned subsidiary through a stock exchange agreement between the two companies. Polaris and Minasia believe that in order to maximize synergies in the future, it is necessary to conduct integrated management under a stronger capital relationship. Through this stock exchange, Polaris will acquire Minasia's shares and make it a wholly-owned subsidiary.
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