Asiaray Media Group Ltd. (HK:1993) has released an update.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
- Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week.
Asiaray Media Group Ltd., a leading advertising firm, has secured contracts to operate advertising resources for Shenzhen Metro Lines 4 and 13, marking significant expansions set to commence in mid-2024 and late 2024, respectively. The company will enter formal agreements detailing the concession fees and terms for these spaces, with the transactions being classified as a disclosable transaction under the Listing Rules. Shareholders and potential investors should anticipate further announcements revealing the material terms after the formal agreements are executed.
For further insights into HK:1993 stock, check out TipRanks’ Stock Analysis page.