China Merchants Port Holdings Co (HK:0144) has released an update.
China Merchants Port Holdings Company Limited has engaged in a connected transaction by entering a Container Terminal Design Agreement with Ansujie, China Communications Institute, and Wuhan Changjiang for engineering design services. This agreement, which involves the construction of two 200,000-ton class container berths at Dachan Bay Port, is exempt from shareholder approval as it falls below the 5% threshold set by the Listing Rules.
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