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An announcement from Datronix Holdings Limited ( (HK:0889) ) is now available.
Datronix Holdings Limited has entered into a New Master Supply Agreement with Datatronics Romoland to continue supplying magnetic components for three years, until December 2028. This agreement, which renews the existing arrangement, is significant due to its status as a continuing connected transaction under Hong Kong’s Listing Rules, requiring independent shareholder approval due to the applicable percentage ratios exceeding 5%.
The most recent analyst rating on (HK:0889) stock is a Hold with a HK$0.50 price target. To see the full list of analyst forecasts on Datronix Holdings Limited stock, see the HK:0889 Stock Forecast page.
More about Datronix Holdings Limited
Datronix Holdings Limited operates in the electronics industry, specializing in the production and supply of magnetic components. The company focuses on providing these components to various markets, leveraging its expertise in engineering, raw materials, and skilled labor.
Average Trading Volume: 304,545
Technical Sentiment Signal: Buy
Current Market Cap: HK$121.6M
See more insights into 0889 stock on TipRanks’ Stock Analysis page.