Biolidics Completes Acquisition of Shenzhen Xiaozhao Network Technology; Shares Surge 13%

MT Newswires

2024/10/23

Biolidics (SGX:8YY) completed the acquisition of Shenzhen Xiaozhao Network Technology through its wholly owned subsidiary, Embracing Future E-Sports, a filing with the Singapore Exchange said on Tuesday.

The move is part of the company's aim to enhance its penetration in the e-sports industry.

Shares of the medical services company surged nearly 13% in recent trading.

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