China Resources Beer Strikes New Supply Deal
Company Announcements

China Resources Beer Strikes New Supply Deal

China Resources Beer (Holdings) Co (HK:0291) has released an update.

China Resources Beer (Holdings) Co has sealed a supply framework agreement with its connected entity, CRH, to provide assorted alcoholic beverages for a span of three years, starting January 2024 and concluding at the end of December 2026. The deal involves supplying products like beer and baijiu, primarily for retail and distribution by CRH Group, and will not require independent shareholder approval as it falls within the reporting and annual review threshold set by the Listing Rules.

For further insights into HK:0291 stock, check out TipRanks’ Stock Analysis page.

Related Articles
Christine BrownChina Resources Beer (Holdings) Co (CRHKF) Reveals Q4 Dividend: Here’s the Essential Information
TipRanks HongKong Auto-Generated NewsdeskChina Resources Beer Declares Interim Dividend
TipRanks HongKong Auto-Generated NewsdeskChina Resources Beer Reports Profitable H1 2024
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App