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Tai Ping Carpets Renews Supply Agreement with HSH

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Tai Ping Carpets Renews Supply Agreement with HSH

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Tai Ping Carpets International ( (HK:0146) ) has shared an announcement.

Tai Ping Carpets International Limited has announced the renewal of its Products and Services Supply Agreement with HSH, extending the partnership until December 2028. This renewal, which maintains similar terms to the previous agreement, is part of the company’s strategy to ensure continuity in its business operations and strengthen its market position. The agreement is classified as a continuing connected transaction under Hong Kong’s Listing Rules, requiring reporting and annual review but exempt from independent shareholders’ approval due to the applicable percentage ratio.

The most recent analyst rating on (HK:0146) stock is a Buy with a HK$1.50 price target. To see the full list of analyst forecasts on Tai Ping Carpets International stock, see the HK:0146 Stock Forecast page.

More about Tai Ping Carpets International

Tai Ping Carpets International Limited operates in the carpet industry, specializing in the supply of carpets and related services. The company focuses on providing high-quality products and services to its clients, maintaining a significant presence in the market.

Average Trading Volume: 57,463

Technical Sentiment Signal: Buy

Current Market Cap: HK$398.9M

See more insights into 0146 stock on TipRanks’ Stock Analysis page.

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