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Linklogis Inc. Class B ( (HK:9959) ) has provided an update.
Linklogis Inc., a company incorporated in the Cayman Islands, has announced a new Cloud Services Agreement with Tencent Cloud, a substantial shareholder associate. This agreement involves Tencent Cloud providing cloud and related technical services to Linklogis, with service fees based on a predetermined pricing mechanism. The transactions under this agreement are classified as continuing connected transactions under Hong Kong’s Listing Rules, requiring reporting and annual review but exempt from independent shareholder approval.
The most recent analyst rating on (HK:9959) stock is a Hold with a HK$2.00 price target. To see the full list of analyst forecasts on Linklogis Inc. Class B stock, see the HK:9959 Stock Forecast page.
More about Linklogis Inc. Class B
Average Trading Volume: 27,271,534
Technical Sentiment Signal: Buy
Current Market Cap: HK$4.76B
For an in-depth examination of 9959 stock, go to TipRanks’ Overview page.