Beijing Media Corp. Ltd. Class H (HK:1000) has released an update.
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Beijing Media Corporation Limited announced the successful passing of resolutions during its extraordinary general meeting on December 23, 2024. Key resolutions included the approval for Beiqing Outdoor, a subsidiary, to dispose of a target property through public tender with an initial bidding price of not less than RMB20.7065 million. The resolutions received overwhelming support from shareholders, signaling positive momentum for the company’s strategic moves.
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