MIE Holdings Corp. (HK:1555) has released an update.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
- Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week.
MIE Holdings Corp. has renewed its Oilfield Services Agreement with Jilin Guotai and Guotai Technology for an additional three years, extending the partnership until December 31, 2027. This agreement involves the provision of various oilfield services and constitutes continuing connected transactions under Hong Kong’s Listing Rules, subject to shareholder approval due to its significant financial scope. Potential investors are advised to exercise caution as the agreement’s completion is contingent on certain conditions.
For further insights into HK:1555 stock, check out TipRanks’ Stock Analysis page.