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An announcement from Transport International Holdings Limited ( (HK:0062) ) is now available.
Transport International Holdings Limited announced that its subsidiary SBL has entered into new shuttle bus service contracts with AFFCC and iAdvantage, expanding its non-franchised bus services. These contracts, along with previous agreements with HKBAC and SHKRE, are considered continuing connected transactions under Hong Kong’s Listing Rules. The transactions are subject to reporting and annual review requirements but are exempt from circular and independent shareholder approval, indicating a streamlined regulatory process.
More about Transport International Holdings Limited
Transport International Holdings Limited operates in the transportation industry, primarily focusing on providing bus services. The company is involved in offering non-franchised bus services through its subsidiary, SBL, catering to various customer needs including shuttle services between key transit points.
Average Trading Volume: 165,995
Technical Sentiment Signal: Buy
Current Market Cap: HK$4.44B
Learn more about 0062 stock on TipRanks’ Stock Analysis page.