BUZZ-Australia's PARKD hits over 3-year high on licensing deal for key products

Reuters

2025/02/07

** Shares of PARKD PKD.AX rise 72.1% to A$0.074, their highest level since November 25, 2021

** Construction technology company heading for its strongest intraday gain since late September 2022

** Co signs 5-year license agreement with Fielders Steel Roofing, a division of steel producer BlueScope Steel BSL.AX

** Agreement for licensing of intellectual property rights owned by PARKD of its metal decking support bracket (MDSB) and metal deck support system (MDSS) products

** Says exclusive licence allows Fielders to manufacture, market and sell the MDSB to the Australian market

** Stock has more than doubled this year, as of last close

(Reporting by John Biju in Bengaluru)

((John.Biju@thomsonreuters.com))

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09:04</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html xmlns=\"http://www.w3.org/1999/xhtml\"><head><title>BUZZ-Australia's PARKD hits over 3-year high on licensing deal for key products</title></head><body><p>** Shares of PARKD <span>PKD.AX</span> rise 72.1% to A$0.074, their highest level since November 25, 2021</p><p>** Construction technology company heading for its strongest intraday gain since late September 2022</p><p>** Co signs 5-year <span>license agreement</span> with Fielders Steel Roofing, a division of steel producer BlueScope Steel <span>BSL.AX</span> </p><p>** Agreement for licensing of intellectual property rights owned by PARKD of its metal decking support bracket (MDSB) and metal deck support system (MDSS) products</p><p>** Says exclusive licence allows Fielders to manufacture, market and sell the MDSB to the Australian market</p><p>** Stock has more than doubled this year, as of last close</p><p> (Reporting by John Biju in Bengaluru)</p><p> 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