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Willas-Array Enters Key Semiconductor Supply and Purchase Agreements with Shanghai YCT
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Willas-Array Enters Key Semiconductor Supply and Purchase Agreements with Shanghai YCT

Story Highlights
  • Willas-Array has entered into major agreements with Shanghai YCT for electronic components.
  • These agreements require shareholder approval due to their significant financial impact.
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Willas-Array Electronics (Holdings) Limited ( (SG:BDR) ) has provided an announcement.

Willas-Array Electronics (Holdings) Limited has entered into two significant agreements with Shanghai YCT, its controlling shareholder. These agreements, known as the 2025 Master Supply Framework Agreement and the 2025 Master Purchase Framework Agreement, outline the supply and purchase of semiconductor electronic components between the two parties until December 31, 2027. The transactions are classified as continuing connected transactions under the Hong Kong Listing Rules and interested person transactions under the SGX-ST Listing Manual, necessitating shareholder approval due to significant financial thresholds being exceeded.

More about Willas-Array Electronics (Holdings) Limited

Willas-Array Electronics (Holdings) Limited operates in the electronics industry, focusing on the supply and distribution of semiconductor electronic component products. The company is incorporated in Bermuda and its shares are listed on the Hong Kong and Singapore stock exchanges, with a market focus on electronic components.

YTD Price Performance: -5.62%

Average Trading Volume: 1,833

Technical Sentiment Consensus Rating: Buy

Current Market Cap: S$36.8M

For a thorough assessment of BDR stock, go to TipRanks’ Stock Analysis page.

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