Legion Consortium Limited (HK:2129) has released an update.
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Legion Consortium Limited has secured a major 20-year lease agreement for land and building valued at approximately S$17 million in Singapore. The transaction, recognized as a significant acquisition, will see the company acknowledge a right-of-use asset worth about S$17.8 million. This strategic move has received shareholder approval and highlights Legion’s expansion efforts in the logistics sector.
For further insights into HK:2129 stock, check out TipRanks’ Stock Analysis page.