Cowell e Holdings Extends Connected Labour Services Pact with Luxshare Precision to 2028

An announcement from Cowell e Holdings Inc. ( (HK:1415) ) is now available.

Cowell e Holdings Inc. has renewed and extended its framework agreement with related party Luxshare Precision for the receipt of labour-supporting services, moving the expiry of the arrangement from 31 December 2025 to 31 December 2028. Under the renewed agreement, the Luxshare Precision group will continue to provide labour for non-key positions related to equipment and system maintenance and technical consulting as needed, with the transactions classified as continuing connected transactions under Hong Kong listing rules and therefore subject to reporting, annual review and announcement requirements, but exempt from shareholder circular and independent shareholder approval due to their size. The move secures continuity of operational support from an affiliated service provider, while maintaining regulatory oversight of related-party dealings without imposing the additional burden of a shareholder vote.

The most recent analyst rating on (HK:1415) stock is a Buy with a HK$34.00 price target. To see the full list of analyst forecasts on Cowell e Holdings Inc. stock, see the HK:1415 Stock Forecast page.

More about Cowell e Holdings Inc.

Cowell e Holdings Inc., incorporated in the Cayman Islands and listed in Hong Kong, operates in the electronics sector and is part of a wider group structure that includes connections with Luxshare Precision through its controlling shareholders. The company relies on external labour-support services for equipment and system maintenance and related technical consulting to support its manufacturing and operational activities.

Average Trading Volume: 3,671,579

Technical Sentiment Signal: Buy

Current Market Cap: HK$24.29B

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