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The latest announcement is out from Shenzhen Investment ( (HK:0604) ).
Shenzhen Investment announced the signing of the 2025 Property Management Services Agreement with Science City Co., a subsidiary of Shum Yip Group, to extend their property management services from January 1, 2025, to April 25, 2025. This agreement highlights a continuing connected transaction under Chapter 14A of the Listing Rules, requiring regular reporting and annual reviews but exempt from independent shareholders’ approval due to the applicable percentage ratio. The agreement also includes a performance evaluation mechanism to ensure service excellence and outlines the financial arrangements for the services provided.
More about Shenzhen Investment
Shenzhen Investment is a company involved in property management services. Its primary focus is on providing a comprehensive range of property management tasks, including maintenance, inspection, cleaning, and security services, among others, primarily in Hong Kong.
YTD Price Performance: -5.41%
Average Trading Volume: 200
Technical Sentiment Consensus Rating: Strong Buy
Current Market Cap: $925.8M
For detailed information about 0604 stock, go to TipRanks’ Stock Analysis page.
