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The latest announcement is out from E-Commodities Holdings Limited ( (HK:1733) ).
E-Commodities Holdings Limited, through its subsidiary Xianghui Energy, has entered into a Counter-Guarantee Contract with Xiangyu Joint Stock. This agreement involves a counter-guarantee for an aggregate amount of RMB26.95 million, reflecting the company’s 49% equity interest in Xianghui Energy. The transaction is classified as both a discloseable and connected transaction under the Hong Kong Listing Rules, requiring reporting and announcement but exempt from certain approval requirements. This move is part of the company’s strategic financial management, ensuring compliance with regulatory standards while strengthening its financial operations.
More about E-Commodities Holdings Limited
Average Trading Volume: 5,461,470
Technical Sentiment Signal: Sell
Current Market Cap: HK$2.14B
For detailed information about 1733 stock, go to TipRanks’ Stock Analysis page.