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Anhui Expressway Announces Connected Transaction for Tunnel Project

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Anhui Expressway Announces Connected Transaction for Tunnel Project

Elevate Your Investing Strategy:

Anhui Expressway Company ( (HK:0995) ) just unveiled an announcement.

Anhui Expressway Company Limited announced a connected transaction involving its subsidiary, Anqing Bridge Company, which entered into a general contracting agreement with a consortium for the design and construction of a tunnel emergency management station on the Yuewu section of the G4221 Huwu Expressway. This transaction, involving connected persons under the Listing Rules, is exempt from independent shareholder approval but is subject to announcement and annual reporting requirements, reflecting the company’s ongoing infrastructure development efforts.

The most recent analyst rating on (HK:0995) stock is a Buy with a HK$16.50 price target. To see the full list of analyst forecasts on Anhui Expressway Company stock, see the HK:0995 Stock Forecast page.

More about Anhui Expressway Company

Anhui Expressway Company Limited, incorporated in the People’s Republic of China, operates in the transportation infrastructure industry. The company focuses on the construction and management of expressways and related infrastructure, serving as a key player in the development and maintenance of road networks in the region.

Average Trading Volume: 1,868,168

Technical Sentiment Signal: Buy

Current Market Cap: HK$28.8B

Find detailed analytics on 0995 stock on TipRanks’ Stock Analysis page.

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