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China Overseas Grand Oceans Group Limited ( (HK:0081) ) has shared an update.
China Overseas Grand Oceans Group Limited has announced the renewal of its existing engagement agreement with China State Construction Engineering Corporation Limited (CSCECL) for construction-related services. The new agreement, effective from July 1, 2025, to June 30, 2028, allows CSCECL to continue participating in competitive tenders for the company’s projects in the PRC. This renewal is significant as CSCECL is a connected person of the company, and the transactions are subject to various regulatory requirements, including independent shareholder approval.
More about China Overseas Grand Oceans Group Limited
China Overseas Grand Oceans Group Limited operates in the construction industry, primarily focusing on providing construction-related services. The company engages in competitive tenders and collaborates with China State Construction Engineering Corporation Limited (CSCECL) for projects in the People’s Republic of China.
Average Trading Volume: 8,168,977
Technical Sentiment Signal: Strong Sell
Current Market Cap: HK$6.16B
Learn more about 0081 stock on TipRanks’ Stock Analysis page.