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Plural Industry Holding Group Co (OTCMKTS:PIHG) Stock On Radar After Recent News

Ian Leigh , , , ,

On Monday, Plural Industry Holding Group Co Limited (OTCMKTS:PIHG) was one of the companies to have come up with a major new announcement and that could make the stock worth following today. The company announced yesterday that it had inked a Memorandum of Understanding with BAC Securities, an award winning investment banking entity from Europe.

Trading Data

On Monday, PIHG stock ended flat at $0.8755 with more than 436 shares, compared to its average volume of 21 shares. The stock moved within a range of $0.8755 – 0.8755 after opening trading at $0.8755.

Partnership For Renewable Energy & Africa Funds

As per the provisions of the Memorandum of Understanding the two groups are going to collaborate on fund creation, green energy, sustainability, deal identification and investment. It would also involve the financing of projects in South East Asia, Middle East and America.

Plural Industry Holding Group along with its partners based out of Asia had already started working with BAC for the latter’s Green Energy and African funds. The BAC management are currently in Singapore but will tour the United States during the week beginning on May 22.

During that visit the BAC management would be meeting with possible partners and investors in those funds.Plural Industry Holding Group is a finance, advisory and investment entity which is listed on the OTC Pink Market in the United States. It is involved in making investments with its partners and also funds.

Ian Leigh

Ian Leigh is a specialist in analyzing stocks, SEC and OTC filings, and financials of public and privately-held companies. He has played a significant role in M&A activity, consulting with publicly-held firms on acquisitions and divestitures. He also consults on valuations and branding. He lectures at major universities and teaches at specialty financial schools.