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Tianli Holdings Acquires Casting Machine in Discloseable Transaction

Story Highlights
  • Tianli Holdings’ subsidiary, Dong Eyang, is acquiring a casting machine for USD1,290,000.
  • The acquisition is a discloseable transaction under Hong Kong Stock Exchange rules, enhancing operational capabilities.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Tianli Holdings Acquires Casting Machine in Discloseable Transaction

Elevate Your Investing Strategy:

An update from Tianli Holdings Group Limited ( (HK:0117) ) is now available.

Tianli Holdings Group Limited, through its indirect wholly-owned subsidiary Dong Eyang, has entered into an agreement to acquire a casting machine for USD1,290,000. This acquisition is classified as a discloseable transaction under the Hong Kong Stock Exchange’s listing rules, as it exceeds 5% but is less than 25% of the applicable percentage ratio. The acquisition is expected to enhance the company’s operational capabilities in its manufacturing processes.

More about Tianli Holdings Group Limited

YTD Price Performance: -18.18%

Average Trading Volume: 103,440

Technical Sentiment Signal: Strong Buy

Current Market Cap: HK$134.1M

For an in-depth examination of 0117 stock, go to TipRanks’ Stock Analysis page.

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