Trendzon Holdings Group (HKG:1865) has acquired a 100% stake in Zhongshan Wuguishan Construction Engineering for 2.2 million yuan, according to a Tuesday filing with the Hong Kong bourse.
The deal, finalized on March 4, will make the construction company a wholly owned subsidiary of Trendzon, integrating its financials into the group.
The acquisition aims to expand Trendzon's construction business by leveraging the target company's licenses and market position in China.
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