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The latest update is out from China Starch Holdings Limited ( (HK:3838) ).
China Starch Holdings Limited announced that its subsidiary, DGC, has entered into a Thermal Plant Construction Contract with Juneng Construction for RMB70 million. This contract, along with a similar construction contract, constitutes a discloseable transaction under Hong Kong Stock Exchange rules due to the percentage ratios involved. Juneng Construction is deemed a connected person of the company, making this a connected transaction requiring independent shareholders’ approval.
More about China Starch Holdings Limited
China Starch Holdings Limited is a company incorporated in the Cayman Islands, primarily involved in the starch industry. The company focuses on producing starch-related products and operates in the market under the stock code 3838.
Average Trading Volume: 4,738,702
Technical Sentiment Signal: Hold
Current Market Cap: HK$1.12B
See more data about 3838 stock on TipRanks’ Stock Analysis page.