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Tian Ruixiang Holdings Ltd shares rise 25.68% premarket after announcing US$150 million acquisition of Ucare Inc.
ByAinvest
Friday, May 30, 2025 6:22 am ET1min read
Tian Ruixiang Holdings Ltd surged 25.68% in premarket trading, with the company announcing plans to acquire 100% of issued and outstanding shares of Ucare Inc. in an all-share deal valued at US$150 million. This strategic move aims to unlock new growth opportunities in the health insurance segment.
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