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Asian Citrus Holdings Renews Connected Transactions with New Framework Agreement

Story Highlights
  • Asian Citrus Holdings renews transactions with Jinlong Construction and JAC until 2028.
  • Independent shareholders to vote on the agreement due to significant financial implications.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Asian Citrus Holdings Renews Connected Transactions with New Framework Agreement

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The latest announcement is out from Asian Citrus Holdings ( (HK:0073) ).

Asian Citrus Holdings Limited has announced the renewal of its continuing connected transactions through a New Framework Agreement. Jinlong Construction will purchase goods from JAC, a company connected to several major shareholders of Asian Citrus Holdings, from June 2025 to June 2028. This agreement requires approval from independent shareholders due to its significant financial implications. An Independent Board Committee and an Independent Financial Adviser have been appointed to ensure the fairness and reasonableness of the agreement, with a special general meeting (SGM) scheduled to discuss and vote on the proposal.

More about Asian Citrus Holdings

YTD Price Performance: -41.30%

Average Trading Volume: 2,582

Technical Sentiment Signal: Sell

Current Market Cap: HK$21.61M

See more data about 0073 stock on TipRanks’ Stock Analysis page.

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