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C&D Property Management Group Co., Ltd. ( (HK:2156) ) has shared an announcement.
C&D Property Management Group Co., Ltd. has announced the renewal of its Business Framework Agreement with C&D Real Estate and C&D International. This agreement, effective from January 1, 2026, to December 31, 2028, involves continuing connected transactions under the Listing Rules. For C&D International, the transactions are subject to reporting and annual review requirements but exempt from independent shareholders’ approval. However, for C&D Property, the transactions exceed the 5% threshold, necessitating independent shareholders’ approval at an upcoming EGM. An Independent Board Committee and financial adviser will be appointed to guide shareholders, with a circular to be dispatched by December 5, 2025.
The most recent analyst rating on (HK:2156) stock is a Buy with a HK$3.50 price target. To see the full list of analyst forecasts on C&D Property Management Group Co., Ltd. stock, see the HK:2156 Stock Forecast page.
More about C&D Property Management Group Co., Ltd.
C&D Property Management Group Co., Ltd. operates in the property management industry, providing property management services, community value-added and synergy services, and value-added services to non-property owners. The company focuses on servicing the Remaining C&D Real Estate Group and its connected companies, as well as the Remaining C&D International Group.
Average Trading Volume: 910,480
Technical Sentiment Signal: Buy
Current Market Cap: HK$4.14B
For a thorough assessment of 2156 stock, go to TipRanks’ Stock Analysis page.