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Sundy Service Group Shareholders Unanimously Approve New Property Management Agreements

Story Highlights
  • Independent shareholders unanimously approved the Letter of Intent and related transactions at the 6 January EGM.
  • New master property management agreements and annual caps were endorsed, authorising directors to implement the transactions.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Sundy Service Group Shareholders Unanimously Approve New Property Management Agreements

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Sundy Service Group Co. Ltd ( (HK:9608) ) just unveiled an announcement.

Independent shareholders of Sundy Service Group Co. Ltd have unanimously approved, by poll at an extraordinary general meeting held on 6 January 2026, a Letter of Intent and a suite of new master property management agreements, including the New Master Property Management Agreement, the New Zhizhonghe Master Agreement and the New Yangguang Master Agreement, along with their respective transaction arrangements and annual caps. The passage of these resolutions, with 120 million votes cast entirely in favour and none against, authorises the company’s directors (excluding Ms. Yu Yun) to execute and implement the transactions and related documentation, reinforcing the company’s contractual framework for its property management operations and providing governance clarity for future business under these key agreements while major shareholder Sundy Heye abstained in accordance with listing rules.

The most recent analyst rating on (HK:9608) stock is a Hold with a HK$0.06 price target. To see the full list of analyst forecasts on Sundy Service Group Co. Ltd stock, see the HK:9608 Stock Forecast page.

More about Sundy Service Group Co. Ltd

Sundy Service Group Co. Ltd is a Hong Kong-listed company incorporated in the Cayman Islands, engaged in the property services sector, with its core business centered on providing property management and related services under a series of master property management agreements in mainland China.

Average Trading Volume: 990,769

Technical Sentiment Signal: Sell

Current Market Cap: HK$245.8M

For detailed information about 9608 stock, go to TipRanks’ Stock Analysis page.

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