Street Calls of the Week
HONG KONG - Mint Incorporation Limited (NASDAQ:MIMI), a $201.6 million market cap company that has seen its stock surge 96% year-to-date according to InvestingPro, announced Wednesday it has been appointed as a subcontractor for Pop Mart Hong Kong Limited through its wholly owned subsidiary, Matter Interiors Limited.
The companies have signed a Routine Repairs & Maintenance and Air Conditioning Repairs & Maintenance Agreement, under which Matter will provide ongoing maintenance and air-conditioning services for Pop Mart’s retail shop in Hong Kong.
Pop Mart Hong Kong Limited is a subsidiary of Pop Mart International Group Limited (HKEX:9992), a global pop culture and art toys company that operates more than 500 stores across over 30 countries and regions, with approximately 2,300 ROBOSHOPs and e-commerce presence.
MINT, a Hong Kong-based interior design and fit-out works provider, specializes in delivering integrated solutions for commercial properties. The company’s portfolio includes offices across various industries and retail stores.
The announcement was made in a press release statement issued by Mint Incorporation Limited. Financial terms of the maintenance agreement were not disclosed.
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