Asia Resources Holdings Limited (HK:0899) has released an update.
Confident Investing Starts Here:
- Quickly and easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions
- Receive undervalued, market resilient stocks straight to you inbox with TipRanks' Smart Value Newsletter
Zhong Jia Guo Xin Holdings Company Limited has announced the issuance of consideration shares as part payment for the acquisition of two target companies, which has resulted in significant changes to the company’s shareholding structure, introducing a new substantial shareholder. The company’s pre-existing top shareholders have seen a dilution in their percentage of ownership due to the new share distribution.
For further insights into HK:0899 stock, check out TipRanks’ Stock Analysis page.