SJM Holdings Announces Acquisition Agreement Completion

Reuters11-20
SJM Holdings Announces Acquisition Agreement Completion

SJM Holdings Limited is moving forward with the acquisition of shares in a target company through its subsidiaries, SJM Resorts and SJM Investment. The transaction involves the passing of board and shareholder resolutions by the relevant parties to approve the purchase and sale of the shares, and the execution of related documents. SJM Resorts, a licensed casino operator in Macau, and SJM Investment, its wholly-owned subsidiary, are the designated purchasers in this deal. The acquisition is part of the group's ongoing investment and reorganisation activities.

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