China State Construction International Holdings (HK:3311) has released an update.
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China State Construction International Holdings has entered into a Framework Agreement with China State Construction Engineering Corporation Limited to collaborate on facade construction contracts. This partnership involves forming joint ventures or joint operations to execute construction projects without creating separate legal entities. These transactions are subject to various regulatory requirements, including annual reviews and shareholder approvals.
For further insights into HK:3311 stock, check out TipRanks’ Stock Analysis page.