Singamas Container Holdings (HK:0716) has released an update.
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Singamas Container Holdings has entered into a new Transportation Framework Agreement with PIL Logistics China to provide transportation solutions for its manufactured containers from 2025 to 2027. This recurring transaction, estimated to cap at RMB20 million annually, highlights the company’s strategic partnership with its controlling shareholder, ensuring efficient logistics support while adhering to market-based pricing.
For further insights into HK:0716 stock, check out TipRanks’ Stock Analysis page.
