JNBY Design (HK:3306) has released an update.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
- Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week.
JNBY Design Limited has announced the renewal of two key agreements, effective July 1, 2024, for manufacturing and providing sample apparel for the group’s designs, involving connected transactions below the 5% threshold, thus not requiring shareholder approval. These renewals are part of the company’s continuing connected transactions, ensuring stable production of their apparel products for the next two years. The agreements are with entities controlled by the company’s founders and adhere to the Listing Rules’ reporting and announcement requirements.
For further insights into HK:3306 stock, check out TipRanks’ Stock Analysis page.