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Net-a-Go Technology Company Limited ( (HK:1483) ) has issued an update.
Net-a-Go Technology Company Limited announced the completion of a supplemental agreement regarding the deemed disposal of equity interest in its subsidiary, Guangxi Zaiguang Technology Co., Ltd. The agreement revised the investment amount from RMB30.0 million to RMB5.0 million, resulting in the investor holding approximately 1.2% of the enlarged registered capital. This transaction slightly dilutes the company’s indirect equity interest from 51.0% to approximately 50.4%, but the subsidiary remains under its control. The completion of this transaction signifies the fulfillment of all conditions set in the capital increase agreement, maintaining the subsidiary as an indirect non-wholly owned entity of the company.
More about Net-a-Go Technology Company Limited
Net-a-Go Technology Company Limited is a company incorporated in the Cayman Islands, operating in the technology sector. It focuses on investments and managing subsidiaries, with a notable interest in Guangxi Zaiguang Technology Co., Ltd., a technology company.
Average Trading Volume: 1,082,051
Technical Sentiment Signal: Buy
Current Market Cap: HK$946.1M
For detailed information about 1483 stock, go to TipRanks’ Stock Analysis page.