Shougang Fushan Resources Group Limited (HK:0639) has released an update.
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Shougang Fushan Resources Group Limited has entered into a new 2025 Master Sale and Purchase Agreement with Shougang Group, set to take effect from January 2025 to December 2027. This agreement involves continuing connected transactions due to Shougang Group’s significant shareholding in the company, requiring approval from independent shareholders. Rainbow Capital has been appointed to advise on the fairness and reasonableness of the terms involved.
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