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China Gas Industry Investment Holdings Renews Key Agreements with HBIS

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China Gas Industry Investment Holdings Renews Key Agreements with HBIS

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The latest announcement is out from China Gas Industry Investment Holdings Co.Ltd. ( (HK:1940) ).

China Gas Industry Investment Holdings Co. Ltd. has announced the renewal of its Master Agreements and TTG Services Agreement for a further three-year term starting January 2026. This renewal, involving connected transactions with HBIS, requires compliance with Hong Kong’s Listing Rules, including reporting and shareholder approval processes. The company will hold an Extraordinary General Meeting (EGM) to seek approval from independent shareholders, with advisory support from an Independent Board Committee and an Independent Financial Adviser.

The most recent analyst rating on (HK:1940) stock is a Hold with a HK$0.50 price target. To see the full list of analyst forecasts on China Gas Industry Investment Holdings Co.Ltd. stock, see the HK:1940 Stock Forecast page.

More about China Gas Industry Investment Holdings Co.Ltd.

China Gas Industry Investment Holdings Co. Ltd. is a company incorporated in the Cayman Islands, focusing on the gas industry. It engages in transactions related to gas products, utilities, and miscellaneous services, with a significant market focus on connected transactions with its controlling shareholder, HBIS.

Average Trading Volume: 488,851

Technical Sentiment Signal: Buy

Current Market Cap: HK$828M

Learn more about 1940 stock on TipRanks’ Stock Analysis page.

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