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Ama Group Limited ( (AU:AMA) ) has provided an update.
AMA Group Limited has entered into a strategic service agreement with Gemilang International Limited (GML) to assemble and repair electric buses in Australia. This partnership aims to advance sustainable transportation solutions by leveraging GEMILANG’s aluminium bus body-building technology and AMA’s expertise. The collaboration promises enhanced customer support and opens opportunities for suppliers in the growing electric bus sector, aligning with a shared vision of promoting green mobility in Australia.
More about Ama Group Limited
AMA Group Limited operates in the automotive industry, focusing on assembly and repair services. The company has now partnered with Gemilang International Limited to locally assemble and repair electric buses, enhancing its market presence in sustainable transportation.
YTD Price Performance: -5.36%
Average Trading Volume: 5,181,163
Technical Sentiment Consensus Rating: Strong Buy
Current Market Cap: A$253.5M
For a thorough assessment of AMA stock, go to TipRanks’ Stock Analysis page.
