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Vietnam Manufacturing & Export Processing (Holdings) Ltd. ( (HK:0422) ) has provided an update.
Vietnam Manufacturing & Export Processing (Holdings) Ltd. announced the termination of its joint venture agreement with Daewon Cantavil Joint Stock Company due to changes in Vietnamese laws making the joint venture impracticable. The company plans to pursue the project independently through its subsidiary VMEP, ensuring no material adverse impact on its financial performance and operations.
More about Vietnam Manufacturing & Export Processing (Holdings) Ltd.
Vietnam Manufacturing & Export Processing (Holdings) Ltd. is a company incorporated in the Cayman Islands, focusing on manufacturing and export processing. It operates as a wholly-owned subsidiary under the stock code 422.
YTD Price Performance: -2.00%
Average Trading Volume: 47,390
Technical Sentiment Signal: Buy
Current Market Cap: HK$444.8M
For detailed information about 0422 stock, go to TipRanks’ Stock Analysis page.