Macau Legend Development (HK:1680) has released an update.
Invest with Confidence:
- Follow TipRanks' Top Wall Street Analysts to uncover their success rate and average return.
- Join thousands of data-driven investors – Build your Smart Portfolio for personalized insights.
Macau Legend Development Limited, through its subsidiary MFW, has inked a hotel linens rental and laundry services agreement with a connected service provider, effective from June 2024 to December 2026. After selling its loss-making services division to the service provider in February 2024, the company conducted a satisfactory trial period before formalizing this new agreement. The deal falls within the reporting and annual review thresholds of the Listing Rules, thus exempting it from requiring independent shareholder approval.
For further insights into HK:1680 stock, check out TipRanks’ Stock Analysis page.
