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Leoch Shareholders Approve Spin-Off Plan and Procurement Framework

Story Highlights
  • Shareholders approved Leoch’s proposed spin-off and distribution, enabling strategic restructuring.
  • Investors backed the Product Procurement Framework Agreement, supporting ongoing connected transactions.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Leoch Shareholders Approve Spin-Off Plan and Procurement Framework

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An announcement from Leoch International Technology Limited ( (HK:0842) ) is now available.

Leoch International Technology Limited has received shareholder approval at its 7 January 2026 extraordinary general meeting for a proposed spin-off and associated distribution, signalling a strategic restructuring that may sharpen the company’s business focus and unlock value in its operations. Shareholders also approved a Product Procurement Framework Agreement and its related continuing connected transactions, which are expected to formalise and support ongoing supply arrangements within the group and with connected parties, potentially enhancing operational stability and transparency for stakeholders.

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 Hong Kong-listed company (Stock Code: 842) incorporated in the Cayman Islands, operating in the battery and power solutions industry, with its shares traded on the Main Board of the Stock Exchange of Hong Kong.

Average Trading Volume: 2,146,196

Technical Sentiment Signal: Strong Buy

Current Market Cap: HK$3.03B

Learn more about 0842 stock on TipRanks’ Stock Analysis page.

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