Sichuan Expressway Signs New Property Management Deal

Sichuan Expressway Co (HK:0107) has released an update.

Sichuan Expressway Co has entered into a new Property Management Services Framework Agreement with Shudao Property to continue receiving property management services from January 2025 to December 2027. This agreement, involving a connected transaction under Hong Kong’s Listing Rules, will not require independent shareholders’ approval due to its scale. Investors may find this development noteworthy as it represents ongoing collaboration within the company’s controlling shareholder network.

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