JX Luxventure Shares Jump On $30M Sales Agreement

by Shivani Kumaresan, Benzinga Staff Writer

April 4, 2022 1:15 PM | 1 min read | Make a Comment

JX Luxventure Ltd 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.

Posted In: News Penny Stocks Contracts Movers Trading Ideas General Aerospace & Defense Briefs Industrials why it's moving

Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.