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Tycoon Group Holdings Limited ( (HK:3390) ) just unveiled an announcement.
Tycoon Group Holdings Limited, through its subsidiary Tycoon Global, has entered into a Distribution Agreement with DEEJ, a connected entity, to distribute DEEJ products in Hong Kong for one year starting January 2025. This agreement, classified as a continuing connected transaction under Hong Kong’s Listing Rules, requires reporting and annual review due to its financial scale, but it is exempt from needing independent shareholder approval.
More about Tycoon Group Holdings Limited
Tycoon Group Holdings Limited is a company incorporated in the Cayman Islands, primarily involved in the distribution of health and wellness products. The company operates in the Hong Kong market and is focused on expanding its distribution network through strategic partnerships.
YTD Price Performance: 4.02%
Average Trading Volume: 602,466
Technical Sentiment Signal: Hold
Current Market Cap: HK$2.9B
For a thorough assessment of 3390 stock, go to TipRanks’ Stock Analysis page.