Hong Kong & China Gas Co (HK:0003) has released an update.
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Hong Kong & China Gas Company Limited has engaged its subsidiaries, U-Tech and Alpha Idea, in connected transactions with China Overseas for substantial installation works. These projects involve significant contracts valued at HK$238.8 million and HK$29.7 million respectively, which are exempt from shareholder approval due to their relative scale. This development reflects the company’s strategic collaborations within its network to enhance operational capabilities.
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