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SmarTone Renews Framework Agreement for Continued Operations

Story Highlights
  • SmarTone operates in telecommunications, offering mobile coverage and enterprise solutions.
  • A new agreement with SHKP ensures continued transactions without shareholder approval.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
SmarTone Renews Framework Agreement for Continued Operations

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SmarTone Telecommunications Holdings ( (HK:0315) ) has provided an announcement.

SmarTone Telecommunications Holdings has entered into a new 2025 Framework Agreement with SHKP to continue its connected transactions, including leasing premises and acquiring insurance services. These transactions are deemed to be in the ordinary course of business and are expected to comply with listing rules without requiring shareholder approval, ensuring stability in operations and market positioning.

More about SmarTone Telecommunications Holdings

SmarTone Telecommunications Holdings is a company incorporated in Bermuda, operating in the telecommunications industry. It provides services such as mobile coverage, enterprise solutions, and insurance services, with a focus on leasing premises for offices, retail stores, and telecommunications equipment installations.

YTD Price Performance: 10.17%

Average Trading Volume: 900,744

Technical Sentiment Signal: Buy

Current Market Cap: HK$4.84B

Find detailed analytics on 0315 stock on TipRanks’ Stock Analysis page.

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