Sichuan Expressway Co Announces EGM Results and New Executive Director Appointment

An update from Sichuan Expressway Co ( (HK:0107) ) is now available.

Sichuan Expressway Co held an Extraordinary General Meeting (EGM) on January 9, 2025, where significant shareholder participation was noted, with 58.36% of the total voting shares represented. The meeting included the appointment of Mr. Yao Jiancheng as an executive director and discussions about a framework agreement for construction works and related services. Shudao Investment, the controlling shareholder, abstained from voting on the framework agreement due to its interest in the transaction, highlighting governance considerations in the company’s decision-making processes.

More about Sichuan Expressway Co

Sichuan Expressway Co is involved in the infrastructure industry, primarily focusing on the development, construction, and management of expressways and related services in Sichuan Province, China. The company plays a significant role in the region’s transportation sector, contributing to its connectivity and economic development.

YTD Price Performance: -2.73%

Average Trading Volume: 1,000

Technical Sentiment Consensus Rating: Strong Sell

Current Market Cap: $1.87B

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