Sichuan Energy Investment Development Co., Ltd. Class H (HK:1713) has released an update.
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Sichan Energy Investment Development Co., Ltd has renewed its property management agreement with subsidiary Baishiji to continue providing services until the end of 2024. The agreement, which follows the previous contract’s expiration, involves property management tasks for the group’s properties, with service fees set through arm’s length negotiations. This renewal falls under the reporting and annual review requirements but does not necessitate independent shareholder approval.
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