ISDN Renews Three-Year Supply Partnership with Dirak Holding

ISDN Holdings Limited ( (SG:I07) ) has provided an update.

ISDN Holdings Limited has renewed its longstanding commercial partnership with Germany-based Dirak Holding through a new three-year Renewal Supply Agreement running from 1 January 2026 to 31 December 2028. Under the renewed arrangement, ISDN will continue manufacturing Product A components for Dirak to sell in global markets, while distributing Product B components produced by Dirak throughout Asia, reinforcing ISDN’s role both as a contract manufacturer and regional distributor of industrial hardware. As Dirak Holding is a connected person at the subsidiary level via its 50% stake in Dirak Asia, these transactions are classified as continuing connected transactions under Hong Kong listing rules, triggering reporting, annual review and announcement obligations but remaining exempt from circular, independent financial advice and shareholders’ approval requirements, thereby formalising the relationship while maintaining regulatory compliance without additional shareholder procedures.

The most recent analyst rating on (SG:I07) stock is a Hold with a S$0.50 price target. To see the full list of analyst forecasts on ISDN Holdings Limited stock, see the SG:I07 Stock Forecast page.

More about ISDN Holdings Limited

ISDN Holdings Limited is a Singapore-based industrial solutions provider whose group operations include manufacturing and distributing innovative engineering components such as hinges, locks, latches, fasteners and other industrial hardware, with a strong market focus across Asia. The Group leverages manufacturing expertise and regional distribution networks to serve industrial and enclosure-construction customers in Asian and global markets.

Average Trading Volume: 683,198

Technical Sentiment Signal: Buy

Current Market Cap: S$167.8M

For detailed information about I07 stock, go to TipRanks’ Stock Analysis page.