Cowell e Holdings Inc. (HK:1415) has released an update.
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Cowell e Holdings Inc. has renewed several key agreements, including the Supply Framework Agreement and Labour Services Framework Agreements, with GZ Luxvisions and Luxshare Precision. These agreements, set to extend beyond their December 2024 expiration, involve continuing connected transactions due to the companies’ interconnected shareholder interests. While subject to reporting requirements, they do not require independent shareholder approval, underlining the strategic alliances within the company’s ownership structure.
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