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Time Interconnect Technology Limited ( (HK:1729) ) has provided an update.
Time Interconnect Technology Limited, through its subsidiary Linkz Mexico, has entered into a lease agreement with ICT Legend Mexico, a subsidiary of Luxshare Precision, to lease premises in Mexico from March 2025 to February 2028. This lease is classified as a connected transaction due to the association between Luxshare Precision and the Company, as Luxshare holds a significant share of the Company’s issued shares. While the transaction requires reporting and announcement under the Listing Rules, it is exempt from independent shareholders’ approval.
More about Time Interconnect Technology Limited
YTD Price Performance: 18.49%
Average Trading Volume: 2,712,202
Technical Sentiment Consensus Rating: Sell
Current Market Cap: HK$9.46B
For an in-depth examination of 1729 stock, go to TipRanks’ Stock Analysis page.
