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San Miguel Brewery HK Ltd. Renews Key Transactions with San Miguel Group

Story Highlights
  • San Miguel Brewery HK Ltd. renews transactions with San Miguel Group under a new agreement.
  • The agreement requires regulatory compliance due to San Miguel Group’s significant shareholding.
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San Miguel Brewery HK Ltd. Renews Key Transactions with San Miguel Group

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San Miguel Brewery HK Ltd. ( (HK:0236) ) just unveiled an announcement.

San Miguel Brewery HK Ltd. has announced the renewal of its Continuing Connected Transactions with the San Miguel Group through a new 2025 Master Agreement, effective from January 1, 2026, to December 31, 2028. This agreement involves the purchase of packaging materials and packaged beer from the San Miguel Group, as well as the sale of packaged beer and non-alcoholic beverages back to them. The transactions are subject to regulatory requirements due to the San Miguel Group’s significant shareholding in the company, necessitating independent shareholder approval and adherence to listing rules.

More about San Miguel Brewery HK Ltd.

San Miguel Brewery HK Ltd. operates in the beverage industry, focusing on the production and distribution of beer and non-alcoholic beverages. The company is involved in both wholesale and retail distribution, primarily in collaboration with the San Miguel Group.

YTD Price Performance: -2.38%

Average Trading Volume: 75,136

Technical Sentiment Consensus Rating: Buy

Current Market Cap: HK$306.3M

Learn more about 0236 stock on TipRanks’ Stock Analysis page.

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