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Rizhao Port Revises Logistics Services Cap

Rizhao Port Revises Logistics Services Cap

Rizhao Port Jurong Co. Ltd. Class H (HK:6117) has released an update.

Rizhao Port Jurong Co. Ltd. has amended the annual cap on its office logistics services agreement with SDP Shanhai Property, a subsidiary of its controlling shareholder, Shandong Port Group. This revision, which took effect after trading hours on August 29, 2024, adheres to the existing terms of the framework agreement, set to last through the end of 2024. The change is subject to reporting and annual review as per the Listing Rules, due to the percentage ratios involved.

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