MIE Holdings Corp. (HK:1555) has released an update.
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MIE Holdings Corp. has successfully approved the Continuing Connected Transactions and the Renewed Oilfield Services Agreement during its extraordinary general meeting. The resolutions, which include agreements with Jilin Guotai Petroleum Development and Songyuan Guotai Petroleum Technology Service, received overwhelming support from shareholders. The approved transactions are set with annual caps of up to RMB100 million through 2027.
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