tiprankstipranks
Trending News
More News >

Kafelaku Coffee Approves Construction Contract at EGM

Story Highlights
Kafelaku Coffee Approves Construction Contract at EGM

Don’t Miss TipRanks’ Half-Year Sale

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 & DisclosureReport 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