Understanding the Market | UNITY GP HLDGS rises over 5% plans to acquire 25% stake in Malaysian subsidiary for HKD 200 million
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UNITY GP HLDGS's stock price rose over 5%, currently reported at HKD 0.4, with a trading volume of HKD 1.2071 million. The company announced plans to acquire a 25% stake in its Malaysian subsidiary Synergy Cooling Management Limited for HKD 200 million, increasing its ownership in the target company from 63.04% to 88.04%. This move aligns with the group's business development strategy and supports a potential secondary listing
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