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Anhui Expressway Secures Shareholder Approval for Strategic Acquisition

Story Highlights
  • Anhui Expressway focuses on expressway construction and management in China.
  • Shareholders approved Anhui Expressway’s acquisition of equity interests, boosting its market position.
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Anhui Expressway Secures Shareholder Approval for Strategic Acquisition

An announcement from Anhui Expressway Company ( (HK:0995) ) is now available.

Anhui Expressway Company Limited announced the successful passing of resolutions at its extraordinary general meeting held on February 27, 2025. The key resolution involved the company’s acquisition of 100% equity interests in target companies held by Anhui Transportation Holding Group, which was approved by a significant majority of shareholders. This acquisition is expected to enhance the company’s operational capabilities and strengthen its market position in the infrastructure sector.

More about Anhui Expressway Company

Anhui Expressway Company Limited, incorporated in the People’s Republic of China, operates in the infrastructure industry, focusing primarily on the construction and management of expressways. The company is a joint stock company with a significant market presence in China, particularly in the Anhui province.

YTD Price Performance: -1.12%

Average Trading Volume: 300

Technical Sentiment Consensus Rating: Sell

Current Market Cap: $3.46B

For a thorough assessment of 0995 stock, go to TipRanks’ Stock Analysis page.

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