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Global Bio-chem Technology Group Co. Ltd. ( (HK:0809) ) has provided an announcement.
Global Bio-chem Technology Group Co. Ltd. announced the successful closure of a public tender for an EPC Contract related to a Boiler Refurbishment Project. The contract, valued at a maximum of RMB129.1 million, was awarded to Northeast Electric and Liaoning Electric as joint bidders. This transaction is classified as a discloseable transaction under the Listing Rules due to its size, requiring notification and announcement. The project involves comprehensive engineering, procurement, and construction tasks, with incentives for early completion, potentially impacting the company’s operational efficiency and market positioning.
More about Global Bio-chem Technology Group Co. Ltd.
Global Bio-chem Technology Group Co. Ltd. is a company incorporated in the Cayman Islands, operating in the bio-chemicals industry. It focuses on the production and development of biochemical products, which are crucial for various industrial applications.
Average Trading Volume: 8,089,036
Technical Sentiment Signal: Hold
Current Market Cap: HK$1.05B
Learn more about 0809 stock on TipRanks’ Stock Analysis page.