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Asian Citrus Holdings ( (HK:0073) ) just unveiled an update.
Asian Citrus Holdings Limited has announced a revision of the annual caps for its continuing connected transactions under a New Framework Agreement, effective until June 2028. This revision requires approval from independent shareholders due to its classification as a non-exempt transaction under Hong Kong’s Listing Rules. The company has formed an Independent Board Committee and appointed Altus Capital Limited as the Independent Financial Adviser to ensure the fairness and reasonableness of the terms. The substantial shareholder, Mr. Kung, and his associates will abstain from voting on the resolution at the upcoming SGM.
The most recent analyst rating on (HK:0073) stock is a Hold with a HK$2.50 price target. To see the full list of analyst forecasts on Asian Citrus Holdings stock, see the HK:0073 Stock Forecast page.
More about Asian Citrus Holdings
Average Trading Volume: 13,767
Technical Sentiment Signal: Sell
Current Market Cap: HK$29.8M
For an in-depth examination of 0073 stock, go to TipRanks’ Overview page.