
FW HOLDINGS plans to acquire all equity and shareholder loans of Aspire Holding

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FW HOLDINGS announced plans to acquire all equity and shareholder loans of Aspire Holding for a total consideration of HKD 27.738 million. The transaction will be completed through the issuance of 23 million consideration shares and promissory notes. After the acquisition, Aspire Holding will become a wholly-owned subsidiary, and the board believes this move will enhance property management services and expand property investment opportunities in Shenzhen, benefiting from favorable policies in the Chinese real estate market
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