Anhui Expressway Company (HK:0995) has released an update.
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Anhui Expressway Company Limited has announced its intention to acquire full equity interests in two expressway-operating firms in Anhui Province for RMB4.77 billion. This transaction, classified as both discloseable and connected, requires approval from independent shareholders at an upcoming general meeting. The acquisition aims to position Anhui Expressway as the sole owner of these companies, enhancing its operational control in the region.
For further insights into HK:0995 stock, check out TipRanks’ Stock Analysis page.
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