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Ju Teng International Announces Multi-million Equipment Deal

Ju Teng International Announces Multi-million Equipment Deal

Ju Teng International Holdings Limited (HK:3336) has released an update.

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Ju Teng International Holdings Limited has disclosed a series of Procurement Contracts for equipment purchases by its subsidiary, Ju Teng Vietnam, totaling approximately US$8.06 million. These contracts, signed between April and October 2024, are aggregated as a single transaction for reporting purposes under the Listing Rules since they exceed the 5% relevance ratio but are below 25%. As a result, this procurement activity is subject to the reporting and announcement requirements of the Hong Kong Stock Exchange.

For further insights into HK:3336 stock, check out TipRanks’ Stock Analysis page.

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