Cowell e Holdings Inc. ( (HK:1415) ) has provided an update.
Cowell e Holdings Inc. announced a connected transaction involving a 2025 Machinery Purchase Agreement with Luxshare Precision. Under this agreement, Cowell e Holdings will purchase machinery and equipment from Luxshare Precision for a consideration not exceeding RMB98,000,000. This transaction is considered a connected transaction due to shared interests between the controlling shareholders of Cowell e Holdings and Luxshare Precision. The agreement is part of a series of connected transactions, including a similar agreement in 2024, and is subject to reporting and announcement requirements but exempt from independent shareholder approval.
More about Cowell e Holdings Inc.
YTD Price Performance: 9.19%
Average Trading Volume: 3,190,871
Technical Sentiment Consensus Rating: Sell
Current Market Cap: HK$24.8B
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