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CR Construction Group Renews Key Framework Agreement with Zhejiang Construction

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CR Construction Group Renews Key Framework Agreement with Zhejiang Construction

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CR Construction Group Holdings Limited ( (HK:1582) ) has provided an announcement.

CR Construction Group Holdings Limited has entered into a renewed Framework Agreement with Zhejiang Construction to continue their mutual supply of products and services until December 2028. This agreement, which involves significant transactions exceeding 5% of applicable percentage ratios, is classified as a non-exempt continuing connected transaction under Hong Kong’s Listing Rules, requiring independent shareholder approval.

The most recent analyst rating on (HK:1582) stock is a Hold with a HK$0.50 price target. To see the full list of analyst forecasts on CR Construction Group Holdings Limited stock, see the HK:1582 Stock Forecast page.

More about CR Construction Group Holdings Limited

CR Construction Group Holdings Limited is a company incorporated in the Cayman Islands, primarily engaged in the construction industry. It focuses on providing construction services and products, operating under the stock code 1582 on the Hong Kong Stock Exchange.

Average Trading Volume: 459,693

Technical Sentiment Signal: Sell

Current Market Cap: HK$175M

See more data about 1582 stock on TipRanks’ Stock Analysis page.

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