Shenzhen Investment Holdings Bay Area Development Company (HK:0737) has released an update.
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Shenzhen Investment Holdings Bay Area Development Company has announced the signing of several major construction works agreements for civil engineering projects, following a public tender process. These contracts, totaling billions in RMB, cover the Approved Road Section R&E Project and vary in size, with some requiring shareholder approval due to their substantial nature as per Listing Rules. The agreements signify a significant investment in infrastructure and could impact the company’s financials and shareholder interests.
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