China Resources Beer (Holdings) Co (HK:0291) has released an update.
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China Resources Beer (Holdings) Co has announced the signing of Integrated Energy Projects Framework Agreements with CR Power and CR Gas, aimed at enhancing cooperation on Integrated Energy Projects for three years, from January 2024 to December 2026. The agreements, which involve utilizing company spaces for photovoltaic installations and integrating energy services, fall under continuing connected transactions according to Listing Rules. Despite exceeding the 0.1% threshold of applicable percentage ratios, these transactions are exempt from shareholder approval but must adhere to certain reporting and review obligations.
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