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Leoch International Technology Limited ( (HK:0842) ) has issued an announcement.
Leoch International Technology Limited has announced an Extraordinary General Meeting (EGM) to be held on January 7, 2026, to approve a proposed spin-off and distribution. The spin-off involves a new entity, SpinCo, which will enter into a Product Procurement Framework Agreement with the Retained Group for the procurement of finished power solutions. This strategic move is expected to streamline operations and potentially enhance market positioning, impacting stakeholders by possibly increasing operational efficiency and market reach.
The most recent analyst rating on (HK:0842) stock is a Buy with a HK$2.00 price target. To see the full list of analyst forecasts on Leoch International Technology Limited stock, see the HK:0842 Stock Forecast page.
More about Leoch International Technology Limited
Leoch International Technology Limited is a company incorporated in the Cayman Islands, primarily involved in the power solutions industry. The company focuses on the production and distribution of power-related products and services.
Average Trading Volume: 2,018,203
Technical Sentiment Signal: Buy
Current Market Cap: HK$2.61B
Find detailed analytics on 0842 stock on TipRanks’ Stock Analysis page.