Yuexiu Transport’s Strategic Acquisition Gains Shareholder Approval

Yuexiu Transport Infrastructure (HK:1052) has released an update.

Yuexiu Transport Infrastructure has successfully passed a resolution at their special general meeting to acquire a 55% stake in a company managing a toll expressway in Henan Province, China, for RMB758.45 million. The acquisition was overwhelmingly approved by independent shareholders, with 99.999% of votes in favor, highlighting strong investor support. This strategic move could potentially enhance Yuexiu Transport’s portfolio and growth prospects in the infrastructure sector.

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