Huajin International Holdings Ltd. (HK:2738) has released an update.
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Huajin International Holdings Ltd. has announced a series of significant construction contracts on June 4, 2024, with various contractors for projects including additional works at the Huajin Terminal and new construction at Huajin Metal Industrial Park, with a combined total exceeding RMB 500 million. These contracts are considered notifiable transactions and, in the case of the Hangda contracts, a major transaction that requires shareholder approval due to the aggregate percentage ratios. The deals reflect the company’s ongoing expansion in its terminal and steel processing service businesses.
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