Virtual Mind Holding Company Limited ( (HK:1520) ) has issued an update.
Virtual Mind Holding Company Limited, through its wholly-owned subsidiary Virtual Mind New Consumption, has entered into a technology licensing cooperation agreement with N-Bridge Capital. This agreement allows Virtual Mind New Consumption to use the licensed technology for its business platform until December 2027. The agreement is part of the company’s continuing connected transactions, with Mr. Mei Weiyi, the Chairman, having a material interest due to his 40% stake in N-Bridge Capital. The transactions are expected to be recurring and conducted in the ordinary course of business, subject to reporting and annual review requirements under the Listing Rules.
More about Virtual Mind Holding Company Limited
YTD Price Performance: -23.53%
Average Trading Volume: 862,378
Technical Sentiment Signal: Buy
Current Market Cap: HK$348.7M
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