What's Going On With Agape ATP Shares Monday?

Agape ATP Corporation ATPC stock is moving higher on Monday after the company announced it signed an irrevocable corporate purchase order with Swiss One Oil and Gas.

What To Know: The purchase order is for approximately 200,000 metric tons of EN590 10 ppm diesel and 2,000,000 barrels of Jet Fuel AI1. Furthermore, the two companies entered into a strategic partnership to enhance oil and gas sales and purchase operations.

The partnership between Agape ATP and Swiss One centers on resource sharing to enhance supply chain operations and logistics. In addition, both companies plan to integrate advanced technologies to improve operational efficiency, such as inventory management, order processing, and real-time shipment tracking.

The partnership also includes a commitment to sustainability, with both companies working to reduce their carbon footprint. The companies will prioritize the adoption of environmentally responsible practices across their operations.

“This partnership is a major step forward in ATPC’s diversification strategy, reinforcing our role in the global energy sector. By working with Swiss One, we are not only optimizing oil and gas procurement but also driving innovation, efficiency and sustainability within the supply chain,” said Prof Dato’ Sri Dr How Kok Choong, founder and Global Group CEO of ATPC.

See Also: Salesforce & Google Supercharge AI: New Partnership Unlocks Next-Gen Business Automation

ATPC Price Action: At the time of publication, ATPC stock is trading 50.6% higher at $1.41, according to data from Benzinga Pro.

Image: via Shutterstock