The latest update is out from Sinotrans ( (HK:0598) ).
Sinotrans Limited has entered into a new Master Services Agreement with Qingdao Jinyun Air, effective from January 1, 2025, to December 31, 2027, following the expiration of a previous agreement. This agreement facilitates the continuation of transportation and logistics services between the two groups. The transactions under this agreement are classified as continuing connected transactions due to the ownership structure, and while they require reporting and annual review, they are exempt from independent shareholder approval.
More about Sinotrans
Sinotrans Limited is a joint stock limited company incorporated in the People’s Republic of China, primarily engaged in providing transportation and logistics services.
YTD Price Performance: 5.22%
Average Trading Volume: 975
Technical Sentiment Signal: Strong Sell
Current Market Cap: $4.7B
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