Australia's Beamtree jumps most in nearly 4 months on partnership with Lean

Beamtree Holdings

11/10/2022 01:16

** Shares of Australia's Beamtree Holdings Ltd  BMT.AX  rise
as much as 13% to A$0.260, marking their best intraday pct gain
since June 16
    ** The healthcare technology co announces strategic
partnership with Saudi Arabia's Lean  urn:newsml:reuters.com:*:nASX9jnQFT
    ** Co says the partnership will help expand products and
services into Saudi Arabia 
    ** Co adds it received full payment of $1.45 mln for phase 1
of the project 
    ** Beamtree stock hits its highest since Sept 19 
    ** Stock down 53% YTD, as of last close 
 (Reporting by Nausheen Thusoo)
 ((Nausheen.Thusoo@thomsonreuters.com;))