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| In its announcement last Thursday, DLG said the purchase would help it save a huge amount of money upon entering a new market segment. |
GIA LAI (Biz Hub) — Furniture provider Duc Long Gia Lai (DLG) has purchased Hong Kong-based electronics equipment company Mass Noble by issuing 23.2 million shares to swap for Mass Noble shares.
In its announcement last Thursday, DLG said the purchase would help it save a huge amount of money upon entering a new market segment. In addition, the company plans to issue five million convertible bonds to fund its projects. DLG yesterday finished lower by 3.2 per cent at VND12,100 per share. — VNS