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Wing Lee Development Construction Holdings Limited ( (HK:9639) ) has provided an announcement.
Wing Lee Development Construction Holdings Limited announced a discloseable transaction involving the acquisition of machinery for HK$1,731,812. This purchase, when combined with previous transactions, exceeds the 5% threshold, making it subject to reporting and announcement requirements under Hong Kong’s Listing Rules. This acquisition is part of a series of transactions with the vendor, reflecting the company’s ongoing investment in expanding its operational capabilities.
More about Wing Lee Development Construction Holdings Limited
Wing Lee Development Construction Holdings Limited is a contractor based in Hong Kong, specializing in civil and electrical cable engineering and solar photovoltaic system works. The company has a distribution agreement for electric construction machinery under the brand name ‘SANY’ in Hong Kong, effective from June 2024 to June 2027.
YTD Price Performance: 7.41%
Average Trading Volume: 621,416
Technical Sentiment Signal: Strong Sell
Find detailed analytics on 9639 stock on TipRanks’ Stock Analysis page.