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KFM Kingdom Holdings Ltd. ( (HK:3816) ) has provided an announcement.
KFM Kingdom Holdings Ltd., through its wholly-owned subsidiary KPM Malaysia, has entered into a purchase contract to acquire 16 frame crank press machines for metal pressing at a total price of RMB9,440,000. This acquisition is classified as a discloseable transaction under the Hong Kong Stock Exchange Listing Rules, requiring notification and announcement due to its size relative to the company’s existing assets.
More about KFM Kingdom Holdings Ltd.
YTD Price Performance: 33.74%
Average Trading Volume: 212,093
Technical Sentiment Signal: Sell
Current Market Cap: HK$195M
Find detailed analytics on 3816 stock on TipRanks’ Stock Analysis page.