Asiaray Media Group Ltd. (HK:1993) has released an update.
Asiaray Media Group Ltd., a leading advertising firm, has secured contracts to operate advertising resources for Shenzhen Metro Lines 4 and 13, marking significant expansions set to commence in mid-2024 and late 2024, respectively. The company will enter formal agreements detailing the concession fees and terms for these spaces, with the transactions being classified as a disclosable transaction under the Listing Rules. Shareholders and potential investors should anticipate further announcements revealing the material terms after the formal agreements are executed.
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