Zhaojin Mining Industry Unit Closes 100% Acquisition of Tietto Minerals

MT Newswires Live07-02

Zhaojin Mining Industry's (HKG:1818) unit Zhaojin Capital completed the compulsory acquisition of the remaining shares in the capital of Tietto Minerals, a Tuesday filing with the Hong Kong Exchange said.

On May 24, Zhaojin Capital decided to exercise the right to conduct a compulsory acquisition of the remaining shares of the target after gaining 90.72% voting power in the target by the close of the initial offer on May 14.

Price (HKD): $13.16, Change: $+0.06, Percent Change: +0.46%

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap
Leave a comment