New Dormitory Construction Deal for Vocational Group

South China Vocational Education Group Co., Ltd. (HK:6913) has released an update.

South China Vocational Education Group Co., Ltd. has announced that its subsidiary, Lingnan Institute of Technology, has signed a RMB 88.34 million construction contract for new student and teacher dormitories and a basement at the Qingyuan Campus, with completion expected by 30 July 2025. The contract is considered a discloseable transaction according to the Listing Rules, prompting necessary reporting and announcement obligations. Construction scope may adjust due to blueprint revisions or force majeure events, with settlement terms specified.

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