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The latest announcement is out from Tan Chong International Limited ( (HK:0693) ).
Tan Chong International Limited has announced a new agreement, the TCIMSB2 Agreement, between its subsidiaries TCIMVN and TCIMSB. This agreement involves the purchase of new and used material handling equipment, forklifts, and mobile elevated work platform equipment by TCIMVN from TCIMSB, effective from April 11, 2025, to December 31, 2025. The transactions are classified as continuing connected transactions under the Listing Rules, with an estimated annual cap of HK$2,500,000. The agreement is expected to provide TCIMVN with a reliable and competitive supplier, benefiting the company’s operations by leveraging the established relationship with TCIMSB and competitive pricing.
More about Tan Chong International Limited
Current Market Cap: €383.5M
See more data about 0693 stock on TipRanks’ Stock Analysis page.