Renaissance United Eyes U.S. Furniture Distribution Deal

Renaissance United Limited (SG:I11) has released an update.

Renaissance United Limited has announced that its subsidiary, Renaissance United Washington, LLC, has signed a preliminary agreement with Maxstar International Sdn. Bhd. to become the exclusive agent for distributing Maxstar’s kitchen cabinetry and custom flatpack furniture in the U.S. The deal, currently outlined in a non-binding memorandum of understanding, aims to leverage the Group’s existing U.S. real estate operations for a term of 24 months, subject to the finalization of a definitive agreement.

For further insights into SG:I11 stock, check out TipRanks’ Stock Analysis page.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.


More Related Articles

Info icon

This data feed is not available at this time.

Sign up for the TradeTalks newsletter to receive your weekly dose of trading news, trends and education. Delivered Wednesdays.