Guangdong Investment Enters Leases Framework Agreement with Guangdong Yuehai Water

Guangdong Investment ( (HK:0270) ) has issued an update.

Guangdong Investment has entered into a Leases Framework Agreement with Guangdong Yuehai Water, a subsidiary of its controlling shareholder Guangdong Holdings, to lease properties and equipment from April 1, 2025, to December 31, 2027. This agreement constitutes continuing connected transactions under the Listing Rules, requiring reporting and annual review but exempting independent shareholders’ approval. The arrangement aims to regulate leasing transactions between the Group and Guangdong Holdings Group, ensuring compliance with the Listing Rules.

More about Guangdong Investment

Guangdong Investment is a company incorporated in Hong Kong, primarily involved in leasing properties and equipment. It focuses on providing office, commercial, and other uses for its properties, with a significant market focus on the Guangdong Holdings Group, which is engaged in water quality testing businesses.

YTD Price Performance: -6.84%

Average Trading Volume: 104,935

Technical Sentiment Signal: Hold

Current Market Cap: $4.96B

Learn more about 0270 stock on TipRanks’ Stock Analysis page.