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IMAX China Holding ( (HK:1970) ) has shared an announcement.
IMAX China Holding, Inc. has amended its existing Enhanced Business Agreement, effective from January 1, 2025, to December 31, 2027, following the liquidation of IMAX Shanghai Culture. The agreement involves setting new annual caps for royalties and revenue sharing, exempting them from independent shareholders’ approval but subjecting them to reporting requirements under Hong Kong’s Listing Rules due to their connected transaction nature.
More about IMAX China Holding
IMAX China Holding, Inc., incorporated in the Cayman Islands, operates within the entertainment industry, focusing on advanced cinema technology and experiences. It collaborates with entities like IMAX Shanghai Multimedia and IMAX Corporation to enhance its offerings in multimedia and cultural services.
YTD Price Performance: 0.0%
Average Trading Volume: 6,540
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $327.8M
For a thorough assessment of 1970 stock, go to TipRanks’ Stock Analysis page.
