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An announcement from Legion Consortium Limited ( (HK:2129) ) is now available.
Legion Consortium Limited has announced the renewal of its continuing connected transactions with R&S Engineering and JH Tyres & Batteries through new master services agreements effective from January 2026 to December 2028. These agreements, which involve the provision of repair, maintenance, and tyre services for the company’s vehicle fleet, are significant as they ensure the continuation of essential services while adhering to Hong Kong’s Listing Rules. The transactions are subject to reporting and annual review requirements but are exempt from circular and shareholders’ approval due to their aggregated consideration being below the HK$10,000,000 threshold.
The most recent analyst rating on (HK:2129) stock is a Hold with a HK$0.13 price target. To see the full list of analyst forecasts on Legion Consortium Limited stock, see the HK:2129 Stock Forecast page.
More about Legion Consortium Limited
Legion Consortium Limited, incorporated in the Cayman Islands, operates within the logistics and transportation industry. The company is primarily involved in providing repair, maintenance, and related services for vehicle fleets, as well as supplying and installing tyres through its agreements with R&S Engineering and JH Tyres & Batteries.
Average Trading Volume: 293,898
Technical Sentiment Signal: Hold
Current Market Cap: HK$153.8M
Find detailed analytics on 2129 stock on TipRanks’ Stock Analysis page.