Seamless green plans to buy 51% control of Shenzhen LED manufacturers

On September 30, Hong Kong Seamless Green (08150.HK) announced that it has entered into a memorandum of understanding with the Feng Group to acquire 51% of the issued share capital of Shenzhen Sansheng Branch.

Shenzhen Sansheng is principally engaged in the development, manufacture and sale of LED products, LED displays and semiconductor lighting products. The statement stressed that possible acquisitions may not necessarily proceed.

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