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Founder Holdings ( (HK:0418) ) has issued an update.
Founder Holdings has entered into a Deposit Service Framework Agreement with Ping An Bank, effective from February 20, 2025, to December 31, 2027. This arrangement, which involves Ping An Bank providing RMB deposit services, is classified as a continuing connected transaction due to Ping An’s significant shareholding in the company. The agreement requires approval from independent shareholders and is subject to reporting and review as per Hong Kong’s Listing Rules.
More about Founder Holdings
YTD Price Performance: -7.69%
Average Trading Volume: 1,917
Technical Sentiment Consensus Rating: Strong Sell
Current Market Cap: $157.3M
See more data about 0418 stock on TipRanks’ Stock Analysis page.