Ninestar Obtains Approval to Acquire Pantum

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On October 8, Ninestar Corporation announced that it has received approval from the China Securities Regulatory Commission (CSRC) to issue shares and raise matching funds to acquire 100 percent of Pantum Electronics. Ninestar first announced its plan to acquire all shares of Pantum Electronics in July 2020 (see “Ninestar Shares Cease Trading as Firm Moves

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