CSSC Offshore & Marine Engineering (Group) Company Limited Class H (HK:0317) has released an update.
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CSSC Offshore & Marine Engineering (Group) Company Limited has entered into the 2025 Framework Agreement to continue its transactions with CSSC Group for another year after the existing agreement concludes at the end of 2024. This continuation is contingent on approval by independent shareholders and includes financial assistance in the form of guarantee services, which is exempt from certain reporting requirements. The agreement and associated transactions, which are considered a major transaction under Hong Kong Listing Rules, require independent shareholder approval and will be detailed in an upcoming circular.
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