Wang & Lee Group to Acquire SolarHK for $1.9 Million in Shares

MT Newswires Live

03/04

Wang & Lee Group (WLGS) said Monday it is acquiring SolarHK in exchange for shares valued at about 15 million Hong Kong dollars ($1.9 million).

The company said the acquisition aims to integrate SolarHK's solar expertise with WLG's lithium-ion battery initiatives and to advance the renewable energy transition in Hong Kong.

Wang & Lee Group expects to finalize the transaction within the week, according to the statement.

Shares of Wang & Lee Group were down nearly 8% in recent trading.

Price: 5.54, Change: -0.47, Percent Change: -7.82

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Lee Group (WLGS) said Monday it is acquiring SolarHK in exchange for shares valued at about 15 million Hong Kong dollars ($1.9 million).</p><p>The company said the acquisition aims to integrate SolarHK's solar expertise with WLG's lithium-ion battery initiatives and to advance the renewable energy transition in Hong Kong.</p><p>Wang &amp; Lee Group expects to finalize the transaction within the week, according to the statement.</p><p>Shares of Wang &amp; Lee Group were down nearly 8% in recent trading.</p><p>Price: 5.54, Change: -0.47, Percent Change: -7.82</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"WLGS","symbol_name":"宏利营造集团公司","start_time":0,"source_url":"https://www.mtnewswires.com/","article_id":"2516655678","we_media_id":"1092851196","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2516655678","pubTimestamp":1741020140,"columns":[],"sourceInfo":{"source_id":"mtnewswires_news","name":"MT Newswires"},"weMediaInfo":{"media_name":"MT Newswires Live","introduction":"The most recognized names in North America, Europe and Asia rely on MT Newswires to power their applications. 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