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Kerry Logistics Network Revises Annual Caps Amid Growing Demand

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Kerry Logistics Network Revises Annual Caps Amid Growing Demand

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An announcement from Kerry Logistics Network ( (HK:0636) ) is now available.

Kerry Logistics Network has announced revisions to its annual caps for several framework agreements due to anticipated growth in demand. The company plans to adjust these caps for the years ending 2025, 2026, and 2027 to accommodate expected transaction amounts. This move is in compliance with Chapter 14A of the Listing Rules, which requires reporting, announcement, and shareholder approval for certain agreements. The revisions are significant as they reflect the company’s strategic positioning to handle increased operational demands and maintain compliance with regulatory requirements.

More about Kerry Logistics Network

Average Trading Volume: 250

Technical Sentiment Signal: Buy

Current Market Cap: $1.62B

See more data about 0636 stock on TipRanks’ Stock Analysis page.

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