Mongolia Energy Renews Connected Logistics Deal With VVLJV for 2026–2029

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2025.12.24 07:38
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Mongolia Energy Corporation has renewed its logistics services framework with VVLJV for 2026–2029, pending independent shareholder approval. The deal, classified as a continuing connected transaction, requires reporting, announcement, and independent financial adviser consultation due to high applicable percentage ratios. A special general meeting will be held for voting, with a detailed circular expected by January 30, 2026. The latest analyst rating for Mongolia Energy stock is Hold with a HK$0.50 target.