Kerry Logistics Network (HK:0636) has released an update.
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Kerry Logistics Network has entered into renewed framework agreements with SFTS for cargo general sales and logistics services, set to commence on January 1, 2025, and expire on December 31, 2027. These agreements, crucial for the company’s ongoing operations, are extendable for an additional three years upon mutual consent. Being connected transactions due to SFTS’s ownership structure, they are subject to specific reporting and approval requirements under the Listing Rules.
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