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Watts International Maritime Wins Shareholder Approval for 2026–2028 Construction Services Framework

Story Highlights
  • Shareholders approved the 2026–2028 Master Construction Services Agreement by unanimous poll vote.
  • The approval authorises directors to implement the agreement, strengthening visibility for the firm’s contracted work.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Watts International Maritime Wins Shareholder Approval for 2026–2028 Construction Services Framework

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Watts International Maritime Engineering Ltd. ( (HK:2258) ) has provided an update.

Watts International Maritime Company Limited announced that shareholders at its extraordinary general meeting on 23 December 2025 approved, by poll, the 2026–2028 Master Construction Services Agreement and its proposed annual caps, with all votes cast in favour and none against. The mandate authorises any one director to execute all necessary documents to implement the agreement, providing management with clear shareholder backing for its construction services framework over the next three years and reinforcing operational visibility for the company’s contracted business during 2026–2028.

The most recent analyst rating on (HK:2258) stock is a Hold with a HK$0.50 price target. To see the full list of analyst forecasts on Watts International Maritime Engineering Ltd. stock, see the HK:2258 Stock Forecast page.

More about Watts International Maritime Engineering Ltd.

Watts International Maritime Company Limited is a Hong Kong–listed engineering group focused on maritime-related construction and engineering services, operating through master construction service arrangements that govern its project work over defined multi-year periods.

Average Trading Volume: 237,555

Technical Sentiment Signal: Buy

Current Market Cap: HK$180.2M

Find detailed analytics on 2258 stock on TipRanks’ Stock Analysis page.

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