
ST TIBET DEVELOPMENT plans to acquire another 50% equity of Lhasa Beer. The relevant plans and terms still need to be verified and negotiated

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ST TIBET DEVELOPMENT plans to acquire 50% equity of Tibet Lhasa Beer Co., Ltd. held by Carlsberg in cash. Both parties have reached a preliminary consensus on the terms of the equity transfer, but no legally binding agreement has been signed yet. The transaction plan and terms still require further verification and negotiation
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