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An announcement from Legion Consortium Limited ( (HK:2129) ) is now available.
Legion Consortium Limited announced a Management Consulting Agreement between Heliix Global and Richwell Global. Under this agreement, Heliix Global will provide consultancy services, including standard operating procedure guidelines and business continuity planning, to Richwell Global. This transaction is classified as a connected transaction under Chapter 14A of the Listing Rules due to the relationship between the parties involved. As the financial implications are below certain thresholds, it requires reporting and announcement but is exempt from further regulatory approvals. The agreement outlines a structured fee with performance-based bonuses and can be terminated by either party under specific conditions.
More about Legion Consortium Limited
Legion Consortium Limited operates in the consultancy industry, providing management consulting services. Their offerings include consultancy services, standard operating procedure guidelines, and business continuity planning to support businesses, with a focus on aiding in customer management transitions and advisory services.
YTD Price Performance: 3.03%
Average Trading Volume: 230,980
Technical Sentiment Consensus Rating: Buy
Current Market Cap: HK$127.5M
For an in-depth examination of 2129 stock, go to TipRanks’ Stock Analysis page.