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The latest announcement is out from Asian Citrus Holdings ( (HK:0073) ).
Asian Citrus Holdings Limited, through its subsidiary Jinlong Construction, has placed a purchase order with JAC for air conditioners valued at approximately RMB2.6 million. This transaction is part of the company’s ongoing procurement strategy for its Air Conditioners Distribution Business. The transaction is classified as a connected transaction under the Hong Kong Stock Exchange Listing Rules, requiring reporting and annual review but exempt from shareholder approval. This move underscores the company’s commitment to expanding its distribution business while adhering to regulatory requirements.
The most recent analyst rating on (HK:0073) stock is a Hold with a HK$2.50 price target. To see the full list of analyst forecasts on Asian Citrus Holdings stock, see the HK:0073 Stock Forecast page.
More about Asian Citrus Holdings
Average Trading Volume: 7,458
Technical Sentiment Signal: Sell
Current Market Cap: HK$27.57M
For detailed information about 0073 stock, go to TipRanks’ Stock Analysis page.