Leoch International Technology Limited (HK:0842) has released an update.
TipRanks Cyber Monday Sale
- Claim 60% off TipRanks Premium for data-backed insights and research tools you need to invest with confidence.
- Subscribe to TipRanks' Smart Investor Picks and see our data in action through our high-performing model portfolio - now also 60% off
Leoch International Technology Limited has announced new agreements with Dr. Dong’s associates for the sale of battery products and the purchase of related components. These transactions are significant, exceeding 5% of relevant financial ratios and HK$10 million annually, requiring shareholder approval under Hong Kong Stock Exchange rules. The agreements, set for three years starting January 2025, aim to continue the ongoing business relationship with revised financial terms.
For further insights into HK:0842 stock, check out TipRanks’ Stock Analysis page.