Luda Technology Group Limited, listed on NYSE American under the ticker LUD, said it signed a share acquisition agreement on Oct. 29 to acquire a 55% stake in Asia AI Data Centre & Quantum Technology for $935,000, according to PR Newswire. The company said the deal is intended to mark its formal entry into the operation and management of computing power infrastructure. The announcement outlines the transaction amount, the target stake, and the signing date, while identifying the move as part of Luda Technology’s business expansion into infrastructure tied to computing capacity.
Luda Technology Group Limited (NYSE American: LUD) said it signed a share acquisition agreement on Oct. 29 to acquire a 55% stake in Asia AI Data Centre & Quantum Technology for $935,000, according to PR Newswire.
The company said the transaction will mark its formal entry into the operation and management of computing power infrastructure.
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