BC Technology Group Limited (HK:0863) has released an update.
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BC Technology Group Limited’s subsidiary, OSL Group, has announced acquisitions of interests in target companies through two separate agreements valued at a total of approximately US$7 million. These transactions involve a mix of cash and consideration shares, with the target companies set to become wholly-owned subsidiaries, integrating their financial results into BC Technology’s statements. This strategic move, classified as a discloseable transaction under Hong Kong’s listing rules, enhances BC Technology’s market position.
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