
Longhuang Group plans to acquire 70% of the shares of MANGO TREE (KOWLOON) from 1957 & CO

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Longhuang Group plans to acquire 70% of MANGO TREE (KOWLOON) under 1957 & CO. The transaction is still in the non-binding memorandum of understanding stage, and the target company operates a Thai restaurant in Hong Kong. The board believes that this acquisition will help expand the menu offerings, meet a broader range of customer needs, and enhance risk resilience. If an agreement is reached, the earnest money will be used to pay for the acquisition costs
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