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Capinfo Co. Revises Cloud Agreement and Raises Caps

Capinfo Co. Revises Cloud Agreement and Raises Caps

Capinfo Co., Ltd. Class H (HK:1075) has released an update.

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Capinfo Co., Ltd. has amended its cloud framework agreement and increased the annual caps for its connected transactions with BSAM Group due to an anticipated rise in business cooperation. These revisions are subject to shareholder approval and reporting requirements under the Listing Rules, following a reduction in the company’s stake in Capinfo Cloud to 74%. The company is preparing for additional transactions that were not previously foreseen, which will be detailed in an upcoming circular.

For further insights into HK:1075 stock, check out TipRanks’ Stock Analysis page.

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