Rizhao Port Jurong Co. Ltd. Class H (HK:6117) has released an update.
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Rizhao Port Jurong Co. Ltd. has announced a connected transaction with its controlling shareholder, Rizhao Port Group, involving a Construction Agent Contract for management services on the No. 8 Warehouse Project. The deal, which falls under certain reporting thresholds, was finalized after trading hours on September 20, 2024, for a service fee of RMB3,223,400 determined by arm’s length negotiations.
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