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New Century Healthcare Revises Terms for Connected Transactions

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New Century Healthcare Revises Terms for Connected Transactions

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The latest update is out from New Century Healthcare Holding Co. Ltd. ( (HK:1518) ).

New Century Healthcare Holding Co. Ltd. has announced a revision of annual caps and changes to the terms for continuing connected transactions related to examination and laboratory testing services. This involves BNC Children’s Hospital, a non-wholly-owned subsidiary, and BCH, a substantial shareholder. The revised arrangement includes a new scope of services and adjusted annual caps for 2025 and 2026. The transactions are subject to reporting, announcement, and annual review requirements but are exempt from independent shareholders’ approval.

The most recent analyst rating on (HK:1518) stock is a Hold with a HK$0.50 price target. To see the full list of analyst forecasts on New Century Healthcare Holding Co. Ltd. stock, see the HK:1518 Stock Forecast page.

More about New Century Healthcare Holding Co. Ltd.

Average Trading Volume: 251,394

Technical Sentiment Signal: Sell

Current Market Cap: HK$341.7M

Learn more about 1518 stock on TipRanks’ Stock Analysis page.

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