Great Wall Builders Ltd. (OTC: GWBU) shares are up sharply in trading currently. At last check, GWBU shares were trading 7.14% higher at $1.65 on above average volume of 24.67 million.
GWBU shares are gaining momentum after the company announced that it executed a contract with Coopsette Soc Coop. GWBU had recently announced that it was finalizing a contract with Coopsette for international distribution of Smart FEED. The contract will allow GWBU to target the African markets.
The contract requires a minimum purchase of 120 million euros in Start FEED units in the first three years. The units will be manufactured by Start Technologies Europe sro, which is a wholly-owned subsidiary of GWBU.
Daniele Brazzi, CEO of Great Wall Builders, said that GWBU is extremely pleased to be entering the emerging markets with Coopsette as some of the greatest returns for companies have been in these markets.
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