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China Foods Limited Secures Shareholder Approval for Key Agreement

China Foods Limited Secures Shareholder Approval for Key Agreement

China Foods Limited (HK:0506) has released an update.

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China Foods Limited announced that its shareholders approved a key financial services agreement and a proposed daily deposit cap during a recent special general meeting. Over 99% of the voting shareholders supported the resolution, which involves significant transactions with COFCO Finance Corporation. This decision reflects strong shareholder backing for the company’s financial strategies.

For further insights into HK:0506 stock, check out TipRanks’ Stock Analysis page.

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