Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
The latest announcement is out from Mongolia Energy ( (HK:0276) ).
Mongolia Energy Corporation Limited has renewed a tenancy agreement for its office premises in Hong Kong, with a wholly-owned subsidiary acting as the tenant. The agreement, effective from May 8, 2025, to May 7, 2027, involves a monthly rent of HK$288,000. This transaction is classified as a disclosable and connected transaction under Hong Kong’s Listing Rules due to its financial magnitude and the landlord’s connection to the company. The agreement was negotiated at arm’s length and is deemed fair and beneficial for the company and its shareholders.
More about Mongolia Energy
Average Trading Volume: 88,295
Technical Sentiment Signal: Strong Sell
Current Market Cap: HK$99.71M
For detailed information about 0276 stock, go to TipRanks’ Stock Analysis page.