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Guangdong Land Holdings Limited ( (HK:0124) ) has provided an update.
Guangdong Land Holdings Limited announced that its subsidiaries, Yuehai Technology and Jiangmen Yuehai Land, have entered into agreements with GDH Energy Service to purchase electricity for the second half of 2025. These transactions are considered continuing connected transactions under the Hong Kong Listing Rules, requiring annual review and announcement but exempt from independent shareholders’ approval due to the applicable percentage ratios. This strategic move ensures a stable electricity supply for the company’s operations, potentially enhancing operational efficiency and cost management.
More about Guangdong Land Holdings Limited
Guangdong Land Holdings Limited operates in the real estate industry, focusing on property development and investment. The company is involved in various projects, including commercial and residential properties, primarily in the Guangdong region.
Average Trading Volume: 4,623,765
Technical Sentiment Signal: Sell
Current Market Cap: HK$361.1M
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