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E-Commodities Holdings Limited ( (HK:1733) ) just unveiled an update.
E-Commodities Holdings Limited has entered into a Settlement Agreement and a Payment Agreement as part of its strategic alliance with Bridge Mining. These agreements involve direct payment mechanisms that streamline financial transactions between the parties, aiming to improve operational efficiency and financial transparency. The transactions are classified as continuing connected transactions under the Listing Rules, requiring reporting and annual review but exempt from certain other regulatory requirements.
The most recent analyst rating on (HK:1733) stock is a Buy with a HK$1.00 price target. To see the full list of analyst forecasts on E-Commodities Holdings Limited stock, see the HK:1733 Stock Forecast page.
More about E-Commodities Holdings Limited
E-Commodities Holdings Limited operates in the coal mining industry, focusing on integrated coal mining, logistics, and off-take services. The company has established a strategic alliance with Bridge Mining to enhance its market position through collaborative efforts in these areas.
Average Trading Volume: 2,301,148
Technical Sentiment Signal: Sell
Current Market Cap: HK$2.43B
Learn more about 1733 stock on TipRanks’ Stock Analysis page.