Addentax Acquires 2.5% Stake in Well Information Technology

MT Newswires Live
13 Jan

Addentax Group (ATXG) said Monday that it acquired 3.75 million shares of Well Information Technology, equivalent to a 2.5% stake in the company, for $750,000 in cash.

Well Information Technology provides marketing solutions, including both online and offline marketing plans. It mainly serves store owners and managing personnel in fresh food industry in China.

Shares of Addentax were down more than 9% in recent trading.

Price: 0.68, Change: -0.07, Percent Change: -9.88

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10