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The acquisition aims to expand Skillful Craftsman's footprint in the education sector.
Skillful Craftsman Education Technology Ltd (Nasdaq: EDTK) announced its intention to acquire a controlling interest in Singapore-based URAY, a move aimed at enhancing its market presence and service offerings in the education sector.
The acquisition, which is expected to close in the coming months, will see Skillful Craftsman gaining a significant stake in URAY, allowing it to leverage URAY's expertise and resources.
With a free float of 8,252,000 shares, Skillful Craftsman continues to strengthen its position in the education and training services industry.
This summary was generated by AI from public sources and may contain errors. Not financial advice. Trade at your own risk.