Sun Hung Kai & Co. Limited (HK:0086) has released an update.
Don’t Miss TipRanks’ Half-Year Sale
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
- Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week.
Sun Hung Kai & Co. Limited (SHK) has entered into a three-year service agreement with Caldisc, a subsidiary of Malaysian-listed MIB, to provide staff and administrative services. This move, subject to the reporting and annual review requirements under Hong Kong’s Listing Rules, aims to support SHK’s businesses, including its Australian operations. The agreement highlights the interconnected nature of SHK and its affiliates, driven by significant interests from key stakeholders.
For further insights into HK:0086 stock, check out TipRanks’ Stock Analysis page.