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Time Interconnect Technology Limited ( (HK:1729) ) just unveiled an update.
Time Interconnect Technology Limited has announced a revision to the existing annual cap for its continuing connected transaction with Luxshare Precision Group, a controlling shareholder. This change is in response to the anticipated increase in demand for cable products used in medical equipment. The company has entered into the Second Supplemental Master Supply Agreement to accommodate this expected growth, highlighting a strategic adjustment to meet business needs while aligning with compliance under the Hong Kong Stock Exchange’s listing rules.
More about Time Interconnect Technology Limited
YTD Price Performance: -0.24%
Average Trading Volume: 2,583,506
Technical Sentiment Consensus Rating: Sell
Current Market Cap: HK$7.99B
For a thorough assessment of 1729 stock, go to TipRanks’ Stock Analysis page.
