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AKIBA Holdings surges to daily limit on group firm's tie-up with TESS Holdings unit
Shares of AKIBA Holdings Co., Ltd. <6840> surged to their daily upper limit at one point. The company announced on April 10 that its group firm Buddy Net entered into a business tie-up with TESS Holdings Co., Ltd. <5074> subsidiary TESS Engineering for battery storage facility development projects. This announcement appears to be driving investor interest.
The tie-up will combine TESS Engineering's customer network, business development expertise and engineering capabilities with Buddy Net's nationwide construction capacity, construction know-how and on-site technical skills. This will establish a comprehensive project execution framework covering everything from planning and development to on-site implementation for battery storage facility projects.
Source: MINKABU PRESS
*Translated by generative AI. Click here for the original article.
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