S.A.S. Dragon Holdings Limited (HK:1184) has released an update.
TipRanks Black Friday Sale
- Claim 60% off TipRanks Premium for the data-backed insights and research tools you need to invest with confidence.
- Subscribe to TipRanks' Smart Investor Picks and see our data in action through our high-performing model portfolio - now also 60% off
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.