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Benzinga
Benzinga
Business
Shivani Kumaresan

JX Luxventure Shares Jump On $30M Sales Agreement

Nasdaq
  • JX Luxventure Ltd (NASDAQ:LLL) said its subsidiary JX Hainan entered into a Framework Agreement on Strategic Cooperation with Ragdoll International Trading Co Ltd.
  • Under the agreement, Ragdoll will purchase from JX Hainan cross-border pet foods of up to $30 million to be distributed on the platforms.
  • The company noted that this is the second major pet food contract signed this month.
  • JX Luxventure's business segments cover menswear, cross-border merchandise, airfare, and tourism.
  • Price Action: LLL shares are trading higher by 19.8% at $4.36 on the last check Monday.
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