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JH Educational Technology INC. ( (HK:1935) ) has shared an announcement.
JH Educational Technology INC. has entered into major construction contracts with a contractor to build teaching and training buildings, public buildings, and faculty apartments and dormitories for the College of Economics and Business. The total consideration for these construction projects amounts to RMB825,631,614.70. This transaction is classified as a major transaction under the Listing Rules, requiring shareholder approval, which has been obtained from shareholders holding 74.96% of the company’s issued share capital. The decision not to hold a general meeting was made as no shareholder has a material interest that would necessitate abstention from voting.
More about JH Educational Technology INC.
YTD Price Performance: 3.85%
Average Trading Volume: 75,209
Technical Sentiment Consensus Rating: Hold
Current Market Cap: HK$1.3B
See more insights into 1935 stock on TipRanks’ Stock Analysis page.
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