BOE Varitronix (HK:0710) has released an update.
BOE Varitronix has announced the renewal of its Master Framework Agreement and set new annual caps for procurement transactions for FY2024 and FY2025, in anticipation of exceeding previous demand estimations. The agreement, which involves the company’s connected person, BOE, is in line with the Hong Kong Listing Rules, requiring reporting, announcement, and annual review. The revised deal comes into effect after trading hours on May 29, 2024, signifying the company’s intention to continue and expand its transactions with BOE.
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