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Tianjin Port Adjusts Annual Transaction Caps

Tianjin Port Adjusts Annual Transaction Caps

Tianjin Port Development Holdings (HK:3382) has released an update.

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Tianjin Port Development Holdings has announced that it will revise the annual caps for its existing Freight Yard, Warehousing, and Assets Lease Framework Agreement as well as the Short-term Leases Framework Agreement with Tianjin Port Group due to the expectation that the current caps will be insufficient for the period until December 31, 2026. The revision is in response to higher than anticipated transaction amounts and falls under the reporting and annual review requirements of the Listing Rules.

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