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B & S International Holdings Ltd. Renews Tenancy Agreements with Connected Parties

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B & S International Holdings Ltd. Renews Tenancy Agreements with Connected Parties

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B & S International Holdings Ltd. ( (HK:1705) ) has shared an update.

B & S International Holdings Ltd. has announced the renewal of tenancy agreements involving its subsidiary, Wise Fine, and connected parties, Best Source and Ms. Janny Tin. These agreements, which are considered connected transactions under Hong Kong’s Listing Rules, involve leasing properties from these connected persons. The transactions are deemed to be conducted on normal commercial terms and are in the best interest of the company and its shareholders. The agreements are subject to reporting and annual review requirements but are exempt from the need for circular and independent shareholder approval.

The most recent analyst rating on (HK:1705) stock is a Hold with a HK$0.50 price target. To see the full list of analyst forecasts on B & S International Holdings Ltd. stock, see the HK:1705 Stock Forecast page.

More about B & S International Holdings Ltd.

Average Trading Volume: 114,080

Technical Sentiment Signal: Buy

Current Market Cap: HK$152M

See more insights into 1705 stock on TipRanks’ Stock Analysis page.

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