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The latest update is out from Sunac Services Holdings Ltd. ( (HK:1516) ).
Sunac Services Holdings Ltd. announced the successful passage of an ordinary resolution at its extraordinary general meeting held on January 21, 2025. The resolution approved the Property Management Services Framework Agreement and its proposed annual caps, with 100% of votes cast in favor. This development is significant for the company’s operational strategy and reflects strong shareholder support, especially considering the abstention of major shareholders due to regulatory requirements.
More about Sunac Services Holdings Ltd.
Sunac Services Holdings Ltd., incorporated in the Cayman Islands, operates in the property management industry. The company provides a range of property management services and focuses on enhancing the living experience through comprehensive service offerings.
YTD Price Performance: -6.63%
Average Trading Volume: 15,650,197
Technical Sentiment Consensus Rating: Buy
Current Market Cap: HK$4.74B
Learn more about 1516 stock on TipRanks’ Stock Analysis page.