China State Construction Development Holdings Limited ( (HK:0830) ) just unveiled an announcement.
China State Construction Development Holdings Limited has renewed its Sub-construction Engagement Agreement with China State Construction International Holdings Limited, extending their collaboration for three years from July 2025 to June 2028. This renewal, subject to Proposed Annual Caps, involves the company acting as a subcontractor or service provider for various construction services. The agreement constitutes continuing connected transactions under Hong Kong’s Listing Rules, requiring independent shareholder approval and oversight by an independent board committee and financial adviser.
More about China State Construction Development Holdings Limited
China State Construction Development Holdings Limited operates in the construction industry, focusing on providing contracting and engineering works, project consultancy services, and project management services. The company is a significant player in the market, with a controlling shareholder, China State Construction International Holdings Limited, holding approximately 70.78% of its issued share capital.
YTD Price Performance: -11.67%
Average Trading Volume: 1,254,677
Technical Sentiment Consensus Rating: Buy
Current Market Cap: HK$3.7B
Learn more about 0830 stock on TipRanks’ Stock Analysis page.