Sichuan Expressway Co (HK:0107) has released an update.
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Sichuan Expressway Co has entered a new Framework Agreement with Shudao Investment for construction works and related services, set to commence in January 2025. This agreement, involving significant financial transactions due to Shudao being a major shareholder, will undergo independent shareholder approval as per Hong Kong Stock Exchange regulations. The decision comes as the previous agreement is due to expire at the end of 2024.
For further insights into HK:0107 stock, check out TipRanks’ Stock Analysis page.
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