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Tycoon Group Holdings Limited ( (HK:3390) ) just unveiled an announcement.
Tycoon Group Holdings has signed a supplemental agreement with connected party Talent Smart to change Dynasty Garden’s right to distribute Talent Smart products in Hong Kong from exclusive to non‑exclusive with effect from 1 January 2026, covering the remaining term of their existing 2025–2027 master sale and purchase agreement. As the loss of exclusivity is expected to reduce the group’s purchases of Talent Smart products from previous projections, the company plans to lower the annual caps for these continuing connected transactions, which will remain subject to Hong Kong Listing Rules requirements on review and disclosure, potentially moderating related‑party transaction volumes and slightly adjusting the group’s distribution and revenue expectations from this channel.
The most recent analyst rating on (HK:3390) stock is a Hold with a HK$0.50 price target. To see the full list of analyst forecasts on Tycoon Group Holdings Limited stock, see the HK:3390 Stock Forecast page.
More about Tycoon Group Holdings Limited
Tycoon Group Holdings Limited, incorporated in the Cayman Islands and listed in Hong Kong, operates through subsidiaries in the distribution and sale of consumer products, including its own Tycoon-branded offerings, in the Hong Kong market. The group leverages master sale and purchase arrangements with related parties to market and distribute products, including those supplied by connected entities such as Talent Smart, reflecting a focus on structured distribution partnerships within its operating region.
Average Trading Volume: 951,311
Technical Sentiment Signal: Sell
Current Market Cap: HK$222.6M
Find detailed analytics on 3390 stock on TipRanks’ Stock Analysis page.