TIAN RUIXIANG Holdings Ltd Enters into Memorandum of Understanding to Acquire Licensed Insurance Broker in Hong Kong

January 19, 2024

https://www.globenewswire.com/news-release/2024/01/08/2805459/0/en/TIAN-RUIXIANG-Holdings-Ltd-Enters-into-Memorandum-of-Understanding-to-Acquire-Licensed-Insurance-Broker-in-Hong-Kong.html

BEIJING, Jan. 08, 2024 (GLOBE NEWSWIRE) — TIAN RUIXIANG Holdings Ltd (Nasdaq:TIRX) (the “Company”), a China-based insurance broker conducting business through its variable interest entity in China, today announced that TRX HongKong Investment Limited (“TRX HongKong”), a wholly-owned subsidiary of the Company, has entered into a Memorandum of Understanding (the “MoU”) to acquire Peak Consulting Services Limited (the “Target”), a licensed insurance brokerage in Hong Kong. The proposed acquisition demonstrates the Company’s strategic vision to expand into the Hong Kong insurance brokerage market.

Read more at globenewswire.com

Related news for (TIRX)

NASDAQ and NYSE quotes and data are delayed 15 minutes unless indicated otherwise. Market data and exchange information are provided for informational purposes only and is not intended for trading purposes. Neither 24/7 Market News Editors, 247 Market News, or data and content providers shall be liable for any errors or omissions, delays, misquotes or other market information relayed in any press materials. You should Use Realtime data to conduct due diligence before investing or trading, and trading in any stock is risky you could lose all your money.