Fountain Set (Holdings) Limited ( (HK:0420) ) has provided an announcement.
Fountain Set (Holdings) Limited has announced the renewal of its existing continuing connected transactions with COFCO Finance through a new 2028 Financial Services Agreement. This agreement, effective from July 2025 to July 2028, encompasses Deposit, Loan, and Other Financial Services, and is subject to various compliance requirements under Hong Kong’s Listing Rules. The renewal aims to ensure the continuation of financial services in the ordinary course of business, with specific conditions and exemptions outlined for different types of services. The company has established an Independent Board Committee and appointed VS Capital as the Independent Financial Adviser to evaluate the fairness and reasonableness of the agreement, which will be subject to approval at a forthcoming general meeting.
More about Fountain Set (Holdings) Limited
YTD Price Performance: -10.0%
Average Trading Volume: 3,910
Technical Sentiment Signal: Buy
Current Market Cap: €83.77M
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