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Yan Tat Group Subsidiary Secures Construction Agreement for Cleanroom Project

Story Highlights
  • Yan Tat Group’s subsidiary DMI secures a construction agreement for electromechanical services.
  • The project, valued at US$2.9 million, aims to enhance operational capabilities by July 2025.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Yan Tat Group Subsidiary Secures Construction Agreement for Cleanroom Project

Elevate Your Investing Strategy:

Yan Tat Group Holdings Limited ( (HK:1480) ) has provided an update.

Yan Tat Group Holdings Limited, through its subsidiary DMI, has entered into a construction agreement with a contractor for electromechanical and interior installation services. The project involves purification systems and cleanrooms, with a total consideration of approximately US$2,895,318. The construction is expected to be completed by July 31, 2025. This transaction, being a discloseable one under the Listing Rules, reflects the company’s ongoing investment in infrastructure, potentially enhancing its operational capabilities and market competitiveness.

More about Yan Tat Group Holdings Limited

Average Trading Volume: 44,869

Technical Sentiment Signal: Sell

Current Market Cap: HK$232.8M

For detailed information about 1480 stock, go to TipRanks’ Stock Analysis page.

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