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Sun Hung Kai & Co. Limited ( (HK:0086) ) has issued an announcement.
Sun Hung Kai & Co. Limited (SHK) has entered into a Service Agreement with Caldisc to provide staff and administrative services for its operations in Australia. The agreement outlines pricing policies, including a markup percentage ranging from 7.5% to 12% based on the service type, determined following international transfer pricing guidelines. The Annual Caps have been increased due to SHK’s office restructuring in Australia and expected business growth, necessitating higher outsourcing of specialized advisory services.
More about Sun Hung Kai & Co. Limited
Sun Hung Kai & Co. Limited operates in the financial services industry, providing investment and financial services with a market focus that includes expansion and operational support across different regions, including Australia.
YTD Price Performance: 1.25%
Average Trading Volume: 4,214
Technical Sentiment Consensus Rating: Strong Sell
Current Market Cap: €666M
See more insights into 0086 stock on TipRanks’ Stock Analysis page.