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New Century Healthcare Renews Key Services Agreement
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New Century Healthcare Renews Key Services Agreement

Story Highlights
  • New Century Healthcare renews its property management and cleaning services agreement.
  • The renewal maintains annual caps at the same level, ensuring compliance and service continuity.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.

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New Century Healthcare Holding Co. Ltd. ( (HK:1518) ) has issued an update.

New Century Healthcare Holding Co. Ltd. has renewed its Framework Property Management and Cleaning Services Agreement with Muhe Jiaye, ensuring the continuation of property management, facilities and equipment maintenance, and cleaning services for Jiahua Yihe Hospitals. The renewal maintains the annual caps at the same level as previous years, not exceeding RMB15 million for 2025, 2026, and 2027. This agreement, involving a connected party, is subject to specific reporting and review requirements under the Hong Kong Listing Rules, highlighting the company’s commitment to compliance while securing essential services for its hospital operations.

More about New Century Healthcare Holding Co. Ltd.

YTD Price Performance: 0.0%

Average Trading Volume: 81,250

Technical Sentiment Consensus Rating: Sell

Current Market Cap: HK$488.1M

For an in-depth examination of 1518 stock, go to TipRanks’ Stock Analysis page.

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