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Royal Deluxe Holdings Ltd. ( (HK:3789) ) has issued an update.
Royal Deluxe Holdings Limited has announced the renewal of its GTM and GTS Framework Agreements, which involve transactions with GT Material and GT Scaffolding, companies wholly-owned by a relative of several of Royal Deluxe’s directors. These transactions are considered continuing connected transactions under the Listing Rules, requiring independent shareholder approval due to the percentage ratios exceeding 5%. An extraordinary general meeting will be held for shareholders to consider and approve these agreements, with relevant details to be provided in a forthcoming circular.
More about Royal Deluxe Holdings Ltd.
YTD Price Performance: -10.0%
Average Trading Volume: 206,857
Technical Sentiment Signal: Buy
Current Market Cap: HK$64.8M
For an in-depth examination of 3789 stock, go to TipRanks’ Stock Analysis page.