Wang & Lee Group Acquires SolarHK to Support Crypto Mining Projects in Hong Kong, Australia

MT Newswires Live

03-13

Wang & Lee Group (WLGS) said Wednesday it signed a deal to buy SolarHK for 15 million Hong Kong dollars ($1.9 million), through the issuance of a convertible note.

The company said the deal is intended to support upcoming clean energy initiatives, including a $100 million solar and battery-powered crypto mining site in Hong Kong's New Territories.

Wang & Lee also said it will leverage SolarHK's expertise for a $71 million solar crypto mining project in Queensland, Australia that is being developed together with NQ Marble.

WLGS shares were up more than 15% in recent premarket activity.

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Lee Group (WLGS) said Wednesday it signed a deal to buy SolarHK for 15 million Hong Kong dollars ($1.9 million), through the issuance of a convertible note.</p><p>The company said the deal is intended to support upcoming clean energy initiatives, including a $100 million solar and battery-powered crypto mining site in Hong Kong's New Territories.</p><p>Wang &amp; Lee also said it will leverage SolarHK's expertise for a $71 million solar crypto mining project in Queensland, Australia that is being developed together with NQ Marble.</p><p>WLGS shares were up more than 15% in recent premarket activity.</p></body></html>\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":null,"symbol_name":null,"start_time":0,"source_url":"https://www.mtnewswires.com/","article_id":"2519398798","we_media_id":"1092851196","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2519398798","pubTimestamp":1741869588,"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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