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ISP Holdings Renews Connected Transactions Agreement with Controlling Shareholder

Story Highlights
  • ISP Holdings signed a new master agreement with Mrs. Chu to continue ISP works from February 2026 to December 2028.
  • The renewed connected transactions require independent shareholder approval, with an SGM and detailed circular arranged under Hong Kong listing rules.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
ISP Holdings Renews Connected Transactions Agreement with Controlling Shareholder

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ISP Holdings Limited ( (HK:2340) ) just unveiled an update.

ISP Holdings Limited has entered into a new master agreement with its controlling shareholder, Mrs. Chu, to continue the provision of ISP works on a non-exclusive basis from 16 February 2026 to 31 December 2028, following the expiry of a prior agreement at the end of 2025. As the renewed arrangement constitutes continuing connected transactions under Hong Kong listing rules, it triggers announcement, reporting, annual review, circular and independent shareholders’ approval requirements; an independent board committee and financial adviser have been appointed, and a special general meeting will be convened to seek approval from independent shareholders, with a detailed circular to be dispatched by 13 February 2026.

The most recent analyst rating on (HK:2340) stock is a Hold with a HK$0.19 price target. To see the full list of analyst forecasts on ISP Holdings Limited stock, see the HK:2340 Stock Forecast page.

More about ISP Holdings Limited

Average Trading Volume: 295,957

Technical Sentiment Signal: Sell

Current Market Cap: HK$123.1M

For detailed information about 2340 stock, go to TipRanks’ Stock Analysis page.

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