tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Tian An China Renews Connected Service Agreements With Allied Group to 2028

Story Highlights
  • Tian An China renewed three-year connected transaction agreements with Allied Group and key subsidiaries from 2026 to 2028.
  • The renewed service and cost-sharing deals ensure operational continuity and regulatory-compliant related-party arrangements without needing minority approval.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Tian An China Renews Connected Service Agreements With Allied Group to 2028

Claim 70% Off TipRanks This Holiday Season

Tian An China Investments Co ( (HK:0028) ) has shared an update.

Tian An China Investments Co has renewed a series of continuing connected transaction agreements with its controlling shareholder Allied Group Limited and certain non wholly-owned subsidiaries, extending these arrangements for three years from 1 January 2026 to 31 December 2028. Under the 2026 TACI Agreement, the company will continue reimbursing AGL on a cost basis for administrative and management services provided to the group, while similar renewals have been executed for ASL and TAMC. The transactions, aggregated under the Hong Kong Listing Rules, fall within thresholds that require reporting, announcement and annual review, but are exempt from independent shareholders’ approval, with the administrative services sharing fully exempt. These renewals effectively lock in the group’s internal service and cost-sharing framework with its majority shareholder, providing operational continuity while maintaining regulatory compliance on related-party dealings.

The most recent analyst rating on (HK:0028) stock is a Hold with a HK$4.50 price target. To see the full list of analyst forecasts on Tian An China Investments Co stock, see the HK:0028 Stock Forecast page.

More about Tian An China Investments Co

Tian An China Investments Co is a Hong Kong-listed investment holding company with interests in property-related and other businesses conducted through its subsidiaries, including non wholly-owned units such as ASL and TAMC. The company is majority-owned by Allied Group Limited (AGL), which holds approximately 56.94% and is therefore classified as a connected person under Hong Kong Listing Rules, influencing how intra-group and related-party transactions are structured and disclosed.

Average Trading Volume: 74,209

Technical Sentiment Signal: Buy

Current Market Cap: HK$6.61B

For detailed information about 0028 stock, go to TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1