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Legion Consortium Expands Industrial Construction Project

Story Highlights
  • Legion Consortium’s subsidiary signed a contract for a 3-storey industrial building.
  • The contract is a major transaction requiring shareholder approval, already obtained.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Legion Consortium Expands Industrial Construction Project

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Legion Consortium Limited ( (HK:2129) ) has shared an update.

Legion Consortium Limited, through its subsidiary Rejoice Container, has entered into an Additional Construction Contract for the erection of a 3-storey industrial building at a sum of S$1,972,000. This contract, combined with a previous contract for the same project, constitutes a major transaction under Hong Kong’s Listing Rules, requiring shareholder approval, which has been obtained via written consent from its controlling shareholder, Mirana Holdings Limited.

More about Legion Consortium Limited

Legion Consortium Limited is a company incorporated in the Cayman Islands, operating in the construction industry. It focuses on industrial building projects, with its subsidiary Rejoice Container engaging in construction contracts for industrial facilities.

Average Trading Volume: 666,475

Technical Sentiment Signal: Buy

Current Market Cap: HK$161.2M

For a thorough assessment of 2129 stock, go to TipRanks’ Stock Analysis page.

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