Legend Holdings Raises Lenovo-Fujitsu Deal Cap and Renews Connected Transactions
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Legend Holdings Corporation announced that its subsidiary Lenovo has received board approval to increase the annual cap on a manufacturing agreement with Fujitsu-linked FCCL due to rising printer orders. This change reflects stronger demand in Lenovo's printer business and higher expected transaction volumes. Additionally, FCCL has renewed key connected transaction agreements with Fujitsu Group members, extending them beyond May 2026. The board confirmed these agreements are on normal commercial terms and in shareholders' interests. The latest analyst rating for Legend Holdings stock is a Hold with a price target of HK$8.50.
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