Australia's Aumake jumps on freight services deal with Wiseway Group

Wiseway

23/09/2021 02:02

** E-commerce marketplace operator Aumake Ltd  AUK.AX  rises
as much as 27.8% to A$0.023, biggest intraday pct jump since Aug
2020
    ** Says https://app.sharelinktechnologies.com/announcement/asx/585696e7b5ef35523d6a83f26059f3b2
 signed an initial two-year exclusive freight services agreement
with logistics solution provider Wiseway Group  WWG.AX  
    ** Deal supports AUK to meet growing demand for products
from Australia & New Zealand 
    ** Says collaboration with WWG allows for diversification
into new markets in Southeast Asia and Americas, and expansion
into new products
    ** WWG up as much as 1.5% to A$0.34
    ** AUK hits highest since Sept. 16
    ** More than 2.2 mln AUK shares change hands, vs the 30-day
average of 1.1 mln shares
    ** AUK down 72.7% pct this year, as of last close

 (Reporting by Sameer Manekar in Bengaluru)
 ((Sameer.Manekar@thomsonreuters.com;))