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Ernest Borel Renews Connected Transactions Framework with Controlling Shareholder Citychamp

Story Highlights
  • Ernest Borel renewed its framework with Citychamp to exchange watches, components and services.
  • The connected deal requires disclosure and review but avoids separate circular and shareholder vote.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Ernest Borel Renews Connected Transactions Framework with Controlling Shareholder Citychamp

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An update from Ernest Borel Holdings Ltd ( (HK:1856) ) is now available.

Ernest Borel Holdings Limited has renewed its master product and service framework agreement with controlling shareholder Citychamp Watch & Jewellery Group, allowing both sides to continue supplying watches, components and watch labour services to each other from 13 January 2026 to 31 December 2028. The renewed agreement formalises ongoing intra-group sourcing and sales arrangements classified as continuing connected transactions under Hong Kong listing rules, with the deal size requiring disclosure and annual review but exempting the company from issuing a circular or seeking independent shareholders’ approval, thereby maintaining operational continuity while keeping compliance obligations relatively light for investors and other stakeholders.

The most recent analyst rating on (HK:1856) stock is a Hold with a HK$2.00 price target. To see the full list of analyst forecasts on Ernest Borel Holdings Ltd stock, see the HK:1856 Stock Forecast page.

More about Ernest Borel Holdings Ltd

Ernest Borel Holdings Limited is a Hong Kong-listed watchmaker, engaged in the design, manufacture and sale of watches, components and related watchmaking services. The group operates within the broader timepiece industry, focusing on supplying finished watches, watch parts and watch labour services to connected and independent customers in its key markets.

Average Trading Volume: 407,810

Technical Sentiment Signal: Buy

Current Market Cap: HK$673.7M

See more insights into 1856 stock on TipRanks’ Stock Analysis page.

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