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Mongolia Energy ( (HK:0276) ) has provided an update.
Mongolia Energy Corporation has called a special general meeting in Hong Kong on 27 February 2026 for shareholders to vote on approving a logistics services framework agreement with Xinjiang Yuanjian Hongye Logistics Co., Ltd., covering the provision of logistics services to the group until 31 March 2029. The proposed agreement sets annual transaction caps of RMB250 million, RMB287 million and RMB330 million for the three financial years to 31 March 2029 and, if approved, would authorise the board to implement and amend the arrangements as it deems in the company’s interests, underscoring the group’s intention to secure long-term logistics support for its operations.
The most recent analyst rating on (HK:0276) stock is a Sell with a HK$0.50 price target. To see the full list of analyst forecasts on Mongolia Energy stock, see the HK:0276 Stock Forecast page.
More about Mongolia Energy
Mongolia Energy Corporation Limited is a Hong Kong–based resources group incorporated in Bermuda, with its head office in Hong Kong. The company operates through subsidiaries and is listed on the Stock Exchange of Hong Kong, focusing on energy and related activities with operations managed and overseen from its Hong Kong principal place of business.
Average Trading Volume: 298,556
Technical Sentiment Signal: Hold
Current Market Cap: HK$133.6M
For an in-depth examination of 0276 stock, go to TipRanks’ Overview page.