COSCO SHIPPING Energy Transportation Co (HK:1138) has released an update.
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COSCO SHIPPING Energy Transportation Co., Ltd. has established comprehensive administrative rules to regulate connected transactions, ensuring adherence to the strictest laws and regulations across both Hong Kong and Mainland China’s financial markets. The rules aim to standardize operations, protect lawful interests of shareholders, and mandate fair pricing, proper decision-making procedures, and transparent information disclosure in all connected dealings. These measures are designed to prevent misuse of company assets and conflicts of interest, thereby upholding the company’s commitment to corporate governance and shareholder equity.
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