Asiaray Media Group Ltd. (HK:1993) has released an update.
TipRanks Cyber Monday Sale
- Claim 60% off TipRanks Premium for data-backed insights and research tools you need to invest with confidence.
- Subscribe to TipRanks' Smart Investor Picks and see our data in action through our high-performing model portfolio - now also 60% off
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.