S.A.S. Dragon Holdings Limited (HK:1184) has released an update.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
- Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week.
S.A.S. Dragon Holdings Limited has announced a new Conditional Master Agreement with Hon Hai, replacing the expiring one, to manage the sales and purchases of electronic components and distribution of brand products for the next three years, from 2025 to 2027. This deal is significant as it involves continuing connected transactions with a substantial shareholder, thus requiring shareholder approval and adhering to the Listing Rules. A Special General Meeting (SGM) will be convened to seek approval for the new agreement and transaction caps.
For further insights into HK:1184 stock, check out TipRanks’ Stock Analysis page.