Virtual Mind Holding Announces Strategic Share Subscription

Virtual Mind Holding Company Limited (HK:1520) has released an update.

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Virtual Mind Holding Company Limited has entered into a connected transaction to subscribe to 11,112 preference shares of N-Bridge Capital Group Limited at HK$540 each, amounting to a total of HK$6,000,480. The deal, facilitated by an agreement on December 6, 2024, involves Mr. Mei Weiyi, who holds a significant stake in the issuer, and aims to explore potential business opportunities in the RWA sector. This strategic move is expected to be funded through the company’s internal resources.

For further insights into HK:1520 stock, check out TipRanks’ Stock Analysis page.

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