tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Hans Group Advances Terminal Renovations with New Contracts

Story Highlights
  • Hans Group’s subsidiary is converting an oil berth into a liquefied hydrocarbon terminal.
  • The contract aggregation makes it a discloseable transaction under Hong Kong’s Listing Rules.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Hans Group Advances Terminal Renovations with New Contracts

Meet Your ETF AI Analyst

Hans Energy Co. Ltd. ( (HK:0554) ) has issued an announcement.

Hans Group Holdings Limited, through its subsidiary DZ International, has entered into new contracts with contractors for the second phase of renovations at its oil and gas berth. This phase involves converting the existing facility into a dedicated liquefied hydrocarbon terminal. The contracts, valued at RMB6,382,000, include procuring and installing equipment and machinery necessary for the transformation. The aggregation of these contracts with previous ones makes it a discloseable transaction under Hong Kong’s Listing Rules, requiring reporting and announcement.

More about Hans Energy Co. Ltd.

Average Trading Volume: 5,229,560

Technical Sentiment Signal: Strong Buy

Current Market Cap: HK$1.23B

For an in-depth examination of 0554 stock, go to TipRanks’ Overview page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1