China Everbright Bank Co (HK:6818) has released an update.
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China Everbright Bank has revised its annual caps under the Comprehensive Services Framework Agreement with Everbright Group, which remains effective until 2026. This move involves the provision of various services such as property leasing and advertising between the two entities. As the transactions meet certain thresholds, they are subject to reporting and review requirements, though independent shareholder approval is not needed.
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