Ever Reach Group Holdings Co., Ltd. (HK:3616) has released an update.
Confident Investing Starts Here:
- Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions
- Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter
Ever Reach Group Holdings Co., Ltd. has finalized additional construction services for a commercial project, resulting in a significant raise of their annual spending cap from RMB 0.9 million to RMB 14.4 million for 2024, with a new cap set at RMB 2 million for 2025. These construction contracts are categorized as continuing connected transactions and, while subject to reporting and review, do not require independent shareholder approval as per the Listing Rules.
For further insights into HK:3616 stock, check out TipRanks’ Stock Analysis page.
Trending Articles:
Looking for a trading platform? Check out TipRanks' Best Online Brokers guide, and find the ideal broker for your trades.
Report an Issue