SJM Holdings ( (HK:0880) ) has provided an update.
SJM Holdings has announced that Tin Hou, a company indirectly controlled by a family member of a director of its subsidiaries, has become a connected person at the subsidiary level under the Listing Rules. This development results in the arrangements between SJM Resorts and Tin Hou, initially made in 2022 and amended in 2023, being classified as continuing connected transactions. Consequently, SJM Holdings is required to adhere to annual review and disclosure requirements, including publishing announcements and annual reports regarding these transactions.
More about SJM Holdings
YTD Price Performance: -10.0%
Average Trading Volume: 7,278
Technical Sentiment Consensus Rating: Strong Buy
Current Market Cap: $2.21B
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