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Beijing Energy Revises Annual Caps in Services Agreement with BEH Group

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Beijing Energy Revises Annual Caps in Services Agreement with BEH Group

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Beijing Energy International Holding ( (HK:0686) ) has issued an update.

Beijing Energy International Holding has entered into a Supplemental Agreement with BEH Group to revise the annual caps under the 2024-2025 Comprehensive Services Framework Agreement. This agreement involves BEH Group providing various services such as property management, administrative, power plant operation, and IT services to the company. The revision of the annual caps is classified as a continuing connected transaction under the Listing Rules, requiring compliance with specific reporting and review requirements but exempt from independent shareholders’ approval.

The most recent analyst rating on (HK:0686) stock is a Hold with a HK$1.50 price target. To see the full list of analyst forecasts on Beijing Energy International Holding stock, see the HK:0686 Stock Forecast page.

More about Beijing Energy International Holding

YTD Price Performance: 21.87%

Average Trading Volume: 628,378

Technical Sentiment Signal: Strong Sell

Current Market Cap: HK$2.46B

See more insights into 0686 stock on TipRanks’ Stock Analysis page.

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