tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Guangdong Yueyun Renews Annual Caps for Connected Transactions

Story Highlights
Guangdong Yueyun Renews Annual Caps for Connected Transactions

Elevate Your Investing Strategy:

  • Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.

Guangdong Yueyun Transportation Co., Ltd. Class H ( (HK:3399) ) just unveiled an update.

Guangdong Yueyun Transportation Co., Ltd. has announced the renewal of its annual caps for existing continuing connected transactions for a further three-year term, starting from January 1, 2026, to December 31, 2028. This renewal includes the extension of the Rescue Services Entrustment Master Agreement with GCGC, the company’s controlling shareholder. The transactions are subject to reporting, annual review, and Independent Shareholders’ approval due to the applicable percentage ratio exceeding 5%. An Extraordinary General Meeting (EGM) will be held for Independent Shareholders to approve these proposals, with GCGC and its associates abstaining from voting.

The most recent analyst rating on (HK:3399) stock is a Hold with a HK$2.00 price target. To see the full list of analyst forecasts on Guangdong Yueyun Transportation Co., Ltd. Class H stock, see the HK:3399 Stock Forecast page.

More about Guangdong Yueyun Transportation Co., Ltd. Class H

Guangdong Yueyun Transportation Co., Ltd. is a joint stock limited company incorporated in China, operating in the transportation industry. The company focuses on providing transportation services and is involved in various subcontracting arrangements and agreements related to rescue services.

Average Trading Volume: 354,285

Technical Sentiment Signal: Buy

Current Market Cap: HK$1.42B

For detailed information about 3399 stock, go to TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1