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The latest announcement is out from Tenfu (Cayman) Holdings Co ( (HK:6868) ).
Tenfu (Cayman) Holdings Co announced that the resolution to approve the renewed Samoa master purchase agreement with Tenfu Group (Samoa) Holdings was successfully passed at their extraordinary general meeting. This agreement, which includes continuing connected transactions and renewed annual caps, was supported by 100% of the votes cast, indicating strong shareholder backing. The approval is expected to facilitate ongoing business operations and strengthen the company’s strategic partnerships, potentially enhancing its market position.
The most recent analyst rating on (HK:6868) stock is a Hold with a HK$3.00 price target. To see the full list of analyst forecasts on Tenfu (Cayman) Holdings Co stock, see the HK:6868 Stock Forecast page.
More about Tenfu (Cayman) Holdings Co
Tenfu (Cayman) Holdings Co is a company incorporated in the Cayman Islands, primarily involved in the tea industry. The company focuses on producing and distributing tea products, with a significant market presence in the region.
Average Trading Volume: 15,857
Technical Sentiment Signal: Strong Sell
Current Market Cap: HK$3.27B
For an in-depth examination of 6868 stock, go to TipRanks’ Overview page.