Cowell e Holdings Inc. Enters 2025 Machinery Purchase Agreement with Luxshare Precision

Story Highlights
  • Cowell e Holdings will buy machinery from Luxshare Precision for up to RMB98,000,000.
  • The transaction is a connected one due to shared interests and follows a similar 2024 agreement.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Cowell e Holdings Inc. Enters 2025 Machinery Purchase Agreement with Luxshare Precision

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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