5100 XIZANG (01115) completes issuance of 380 million consideration shares.
5100 XIZANG (01115) announced that in relation to the acquisition of the target company (involving the issuance of consideration shares under a general mandate), the board is pleased to announce that the acquisition has been completed. Upon completion, the target company and the PRC company have become wholly-owned subsidiaries of the Company, and the Company has allotted and issued 380 million consideration shares to the seller (representing approximately 6.32% of the Company's issued share capital as enlarged by the consideration shares).
5100 XIZANG (01115) announced that in relation to the acquisition of the target company (involving the issuance of consideration shares under a general mandate), the board is pleased to announce that the acquisition has been completed. Upon completion, the target company and the PRC company have become wholly-owned subsidiaries of the Company, and the Company has allotted and issued 380 million consideration shares to the seller (representing approximately 6.32% of the Company's issued share capital as enlarged by the consideration shares).
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