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UMP Healthcare Holdings Limited ( (HK:0722) ) has provided an update.
UMP Healthcare Holdings Limited has entered into a Medical Services Framework Agreement with Pedder Healthcare, effective from August 2025 to June 2028. This agreement involves a non-exclusive exchange of medical services between the two parties, with proposed annual caps for services provided by Pedder Healthcare set at HK$50 million, HK$55 million, and HK$60 million over the three years, and caps for services provided by UMP set at HK$30 million, HK$35 million, and HK$43 million. The transactions are considered continuing connected transactions under Hong Kong’s Listing Rules, requiring reporting and announcement but exempt from circular and shareholder approval due to their commercial terms and fairness.
More about UMP Healthcare Holdings Limited
UMP Healthcare Holdings Limited operates in the healthcare industry, providing a range of medical services. The company’s primary services include diagnostic, imaging, laboratory tests, and medical consultation services. UMP Healthcare focuses on corporate healthcare benefit plans and has a network of healthcare providers.
Average Trading Volume: 250,577
Technical Sentiment Signal: Buy
Current Market Cap: HK$388.5M
Find detailed analytics on 0722 stock on TipRanks’ Stock Analysis page.