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Chengdu Expressway Co., Ltd. Signs Major Land Requisition Agreement

Story Highlights
  • Chengdu Expressway Co., Ltd. signed a major agreement with Chongzhou Municipal Government.
  • The agreement is deemed fair and beneficial for the company and its shareholders.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Chengdu Expressway Co., Ltd. Signs Major Land Requisition Agreement

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Chengdu Expressway Co., Ltd. Class H ( (HK:1785) ) has issued an announcement.

Chengdu Expressway Co., Ltd. has entered into a major transaction with the Chongzhou Municipal People’s Government by signing the Land Requisition and Relocation Agreement for the Chongzhou Section. This agreement is considered fair and reasonable by the company’s board, aligning with the interests of the company and its shareholders, and is expected to have a significant impact on the company’s operations and market positioning.

More about Chengdu Expressway Co., Ltd. Class H

Chengdu Expressway Co., Ltd. is a joint stock company incorporated in the People’s Republic of China, focusing on the expressway industry. It is involved in the development and management of expressway projects, contributing to infrastructure and transportation services.

Average Trading Volume: 89,820

Technical Sentiment Signal: Buy

Current Market Cap: HK$3.48B

Learn more about 1785 stock on TipRanks’ Stock Analysis page.

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