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China Merchants Port Revises 2025 Lease Agreement Cap

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China Merchants Port Revises 2025 Lease Agreement Cap

China Merchants Port Holdings Co ( (HK:0144) ) has shared an announcement.

China Merchants Port Holdings Co has announced a revision of the annual cap for its CMPort Building Lease Agreements for 2025, increasing it to RMB17.92 million. This adjustment reflects the inclusion of a new lease agreement with CMIT, a connected person of the company, and highlights the company’s ongoing strategy to optimize its leasing operations, although these transactions remain exempt from certain regulatory requirements due to their de minimis nature.

More about China Merchants Port Holdings Co

China Merchants Port Holdings Co is a major player in the port industry, providing port and related services. It focuses on port operations, logistics, and other related services, primarily in China and globally, leveraging its strategic locations and extensive network.

YTD Price Performance: 9.38%

Average Trading Volume: 966

Technical Sentiment Signal: Sell

Current Market Cap: $7.21B

See more insights into 0144 stock on TipRanks’ Stock Analysis page.

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