tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Shougang Concord Grand Revises and Renews Master Services Agreement

Story Highlights
Shougang Concord Grand Revises and Renews Master Services Agreement

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.

Shougang Concord Grand (Group) Limited ( (HK:0730) ) has issued an announcement.

Shougang Concord Grand (Group) Limited has announced revisions to its annual caps under the 2023 Master Services Agreement due to anticipated business needs. The company has increased the caps from RMB6,000,000 to RMB15,000,000 for the period ending December 31, 2025. Additionally, the company has renewed the Master Services Agreement with Shougang for a further three years starting January 1, 2026, which includes various services such as deposit, IT, property leasing, and financial services. These transactions are subject to compliance with the Hong Kong Listing Rules, including reporting and shareholder approval requirements.

More about Shougang Concord Grand (Group) Limited

YTD Price Performance: 21.78%

Average Trading Volume: 649,375

Technical Sentiment Signal: Buy

Current Market Cap: HK$486.3M

See more insights into 0730 stock on TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1