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Deyun Holding Ltd. ( (HK:1440) ) has provided an announcement.
Star Shine Holdings Group Limited, a company incorporated in the Cayman Islands, has announced the renewal of its existing framework agreement with Mr. Tsoi’s Associated Companies. This agreement, which involves the manufacture and supply of footwear to the Group, will extend from January 1, 2026, to December 31, 2028. The transactions under this new agreement are classified as continuing connected transactions due to Mr. Tsoi’s role as an executive director and controlling shareholder. The proposed annual caps for these transactions exceed 5%, requiring reporting, annual review, and independent shareholders’ approval under the Listing Rules. An Extraordinary General Meeting (EGM) will be convened for shareholders to consider and approve these transactions.
The most recent analyst rating on (HK:1440) stock is a Hold with a HK$9.00 price target. To see the full list of analyst forecasts on Deyun Holding Ltd. stock, see the HK:1440 Stock Forecast page.
More about Deyun Holding Ltd.
Average Trading Volume: 1,264,475
Technical Sentiment Signal: Strong Buy
Current Market Cap: HK$11.54B
Learn more about 1440 stock on TipRanks’ Stock Analysis page.