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United Energy Group Ends Property Service Agreement

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United Energy Group Ends Property Service Agreement

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United Energy Group ( (HK:0467) ) has provided an announcement.

United Energy Group Limited has announced the termination of its continuing connected transaction related to the Property Service Agreement, effective from May 1, 2025. The rights and obligations of the agreement will be transferred to an independent third-party property management company, with no changes to the terms and service fee. The Board believes this decision is in the best interest of the company and its shareholders, with no significant impact on its business operations or financial condition.

More about United Energy Group

United Energy Group Limited is a company incorporated in the Cayman Islands and continued in Bermuda, operating within the energy sector. The company is involved in providing energy solutions and services, with a focus on maintaining and enhancing its market position in the energy industry.

YTD Price Performance: -12.50%

Average Trading Volume: 1,000

Technical Sentiment Signal: Buy

Current Market Cap: $1.32B

For a thorough assessment of 0467 stock, go to TipRanks’ Stock Analysis page.

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