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Anhui Expressway Company ( (HK:0995) ) just unveiled an announcement.
Anhui Expressway Company Limited announced that Ningxuanhang Company and Anqing Bridge Company have entered into general contracts with a consortium for upgrading tunnels automation and retrofitting electromechanical equipment. These transactions, involving subsidiaries of Anhui Transportation Holding Group, are considered continuing connected transactions under the Hong Kong Listing Rules. Aggregated with prior related contracts, they bypass the need for independent shareholder approval but must comply with reporting and review requirements due to their commercial terms.
More about Anhui Expressway Company
Anhui Expressway Company Limited is a joint stock company incorporated in the People’s Republic of China, operating in the infrastructure sector. The company focuses on managing and operating expressways and other related facilities, contributing to regional transportation development.
YTD Price Performance: 2.61%
Average Trading Volume: 300
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $3.43B
See more insights into 0995 stock on TipRanks’ Stock Analysis page.
