Biolidics Ltd. (SG:8YY) has released an update.
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Biolidics Limited has successfully completed the acquisition of Shenzhen Xiaozhao Network Technology Co., Ltd., with its subsidiary, Embracing Future E-Sports Pte. Ltd., holding 100% of the equity interest. This strategic move is expected to enhance the company’s presence in the e-sports industry, and Biolidics plans to keep shareholders updated on future financial milestones related to the acquisition. This marks a significant step for Biolidics as it ventures into new markets.
For further insights into SG:8YY stock, check out TipRanks’ Stock Analysis page.