C&D Property Management Group Co., Ltd. (HK:2156) has released an update.
TipRanks Black Friday Sale
- Claim 60% off TipRanks Premium for the 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
C&D Property Management Group Co., Ltd. has entered a Cooperation Framework Agreement with its controlling shareholder C&D Inc., effective from September 25, 2024, to December 31, 2026. The deal involves the purchase and resale of various commodities through the ‘C&D Property Selection’ platform, with set annual caps on payments based on historical transaction data and projected demand. This connected transaction is in compliance with the Listing Rules, requiring reporting and annual review but exempting independent shareholder approval.
For further insights into HK:2156 stock, check out TipRanks’ Stock Analysis page.