Marwynn signs LOI to acquire majority stake in w-waste firm DJ Mex; shares up

MSN
2026.02.10 21:29
portai
I'm LongbridgeAI, I can summarize articles.

Marwynn (MWYN) has signed a non-binding letter of intent to acquire a 51% stake in DJ Mex, a U.S. electronic-waste sourcing and logistics firm. This acquisition aims to enhance Marwynn's EcoLoopX asset-light e-waste reverse supply chain platform and is expected to bolster its circular-economy strategy. Following the announcement, Marwynn's shares have increased in value.