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Able Engineering Announces Key Agreements and Acquisition

Able Engineering Announces Key Agreements and Acquisition

Able Engineering Holdings Ltd. (HK:1627) has released an update.

Able Engineering Holdings Ltd. has entered two significant agreements involving WHSE after trading hours on August 29, 2024, for contracting services related to construction projects in Hong Kong. These transactions include a Framework Contracting Agreement and a Framework Subcontracting Agreement, both subject to shareholder approval at an upcoming EGM. Additionally, a major share purchase agreement has transformed WHSE into a connected person of the company under the Listing Rules, prompting the need for compliance with associated reporting and approval requirements.

For further insights into HK:1627 stock, check out TipRanks’ Stock Analysis page.

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