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China State Construction Development’s New Facade Ventures

China State Construction Development’s New Facade Ventures

China State Construction Development Holdings Limited (HK:0830) has released an update.

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China State Construction Development Holdings Limited (CSCD) has entered into a Framework Agreement with China State Construction Engineering Corporation Limited (CSCECL) to collaborate on facade construction contracts. The partnership will involve joint ventures or joint contractor arrangements without forming separate legal entities, covering projects up to 2026. These transactions are subject to specific listing rules, requiring annual reviews and shareholder approvals.

For further insights into HK:0830 stock, check out TipRanks’ Stock Analysis page.

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