The board of Ban Loong Holdings Limited announced that on 9 June 2022 (after trading hours), the company entered into a strategic cooperation framework agreement with Alpen Group SA to cooperate in the commercialization of industrial hemp extracted cannabinoids products for a term of three years. Major terms of the Framework Agreement are as follow: The Group shall act as Alpen Group's authorized agent in Asia; Alpen Group shall contribute its resources, technologies and development capabilities in developing the Cannabinoids Products; the Group shall contribute its sales network in Asia in order to assess the market potential of Cannabinoids Products; the parties shall work closely together to register the Cannabinoids Products globally; and for any of the Cannabinoids Products developed under the Framework Agreement, the parties shall cooperate to register such products under the company's or the parties' name.
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5-day change | 1st Jan Change | ||
0.126 HKD | -5.26% |
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-16.00% | -49.40% |
03-25 | YNBY International Returns to Profit in 2023 on Higher Revenue | MT |
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Annual profits - Rate of surprise
1st Jan change | Capi. | |
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-49.40% | 116M | |
-1.39% | 7.86B | |
+5.73% | 2.74B | |
0.00% | 2.07B | |
+169.79% | 1.79B | |
+40.84% | 1.64B | |
+31.84% | 1.54B | |
+7.14% | 852M | |
-6.42% | 829M | |
-16.39% | 618M |
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