Sands China (HK:1928) has released an update.
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Sands China has renewed its shared services agreement with its controlling shareholder, LVS, for another year starting January 1, 2025. This agreement covers marketing and transportation services among others, with an annual cap of $12.4 million set for marketing services. These transactions are classified as continuing connected transactions under Hong Kong’s Listing Rules.
For further insights into HK:1928 stock, check out TipRanks’ Stock Analysis page.