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An announcement from Sinofert Holdings ( (HK:0297) ) is now available.
Sinofert Holdings Limited has announced a revision of the annual cap for its continuing connected transactions under the Information System Services Agreement with Sinochem Information. The company anticipates that the fees payable under this agreement for 2025 will exceed the original cap, prompting the board to revise it. This adjustment reflects the company’s ongoing commitment to maintaining robust information system services, which include system operation, maintenance, software licensing, procurement, and artificial intelligence services. The revision is subject to certain reporting and review requirements but does not require independent shareholders’ approval.
The most recent analyst rating on (HK:0297) stock is a Buy with a HK$2.00 price target. To see the full list of analyst forecasts on Sinofert Holdings stock, see the HK:0297 Stock Forecast page.
More about Sinofert Holdings
Sinofert Holdings Limited, incorporated in Bermuda, operates in the fertilizer industry. It is a subsidiary of Sinochem Holdings and focuses on providing a range of fertilizer products and related services.
Average Trading Volume: 33,430,697
Technical Sentiment Signal: Buy
Current Market Cap: HK$10.96B
For an in-depth examination of 0297 stock, go to TipRanks’ Overview page.