Asiaray Media Group Ltd. (HK:1993) has released an update.
Asiaray Media Group Limited has announced the successful procurement of advertising operation contracts for Shenzhen Metro Line 4 and Line 13, managed by Shanghai Advertising Media. The agreements with Shenzhen MTR and MTR CREC Metro for concession spaces have been formalized, with the transaction values falling below the 5% threshold, thus not requiring a separate disclosure under the Listing Rules. This move is part of the company’s strategic expansion in advertising space management.
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