COSCO SHIPPING International (Hong Kong) Co (HK:0517) has released an update.
COSCO SHIPPING International (Hong Kong) Co., Ltd. has modified the annual caps for its New Management Services Master Agreement and the New Master Tenancy Agreement for 2024 and 2025. This change, involving the company’s connected transactions, falls within the reporting and annual review requirements but does not necessitate shareholder approval. The revised agreements ensure administrative and office space sharing services within the COSCO SHIPPING Group continue seamlessly.
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