tiprankstipranks
Trending News
More News >

Kafelaku Coffee Approves Construction Contract at EGM

Story Highlights
Kafelaku Coffee Approves Construction Contract at EGM

Confident Investing Starts Here:

The latest announcement is out from Li Bao Ge Group Ltd. ( (HK:1869) ).

Kafelaku Coffee Holding Limited, a company incorporated in the Cayman Islands, announced that all proposed resolutions were passed at its extraordinary general meeting held on April 25, 2025. The resolutions included a construction contract with Jiangsu Xuncai Construction Engineering Co., Ltd. for a new production base in Dongtai City, Jiangsu Province, China. The approval of these resolutions signifies a strategic expansion for the company, potentially enhancing its production capabilities and market presence.

More about Li Bao Ge Group Ltd.

YTD Price Performance: -9.23%

Average Trading Volume: 298,404

Technical Sentiment Signal: Buy

Current Market Cap: HK$166.4M

Learn more about 1869 stock on TipRanks’ Stock Analysis page.

Disclaimer & Disclosure

Looking for a trading platform? Check out TipRanks' Best Online Brokers guide, and find the ideal broker for your trades.

Report an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1