Virtual Mind Holding Plans 10% Stake Investment in Harves Entertainment
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Virtual Mind Holding Company Limited has signed a memorandum of understanding (MOU) with Harves Entertainment Limited for a potential equity investment. Virtual Mind plans to acquire a 10% stake in Harves through a capital increase, with the final terms subject to due diligence and negotiation. The MOU is non-legally binding except for confidentiality clauses, and the transaction may be notifiable under Hong Kong Listing Rules if finalized. Shareholders are cautioned that negotiations are ongoing and the investment may not be completed.
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