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Minmetals Land Limited ( (HK:0230) ) has issued an update.
Minmetals Land Limited, through its indirect non-wholly owned subsidiary Chengdu Xiangkuang, has entered into Funds Collection Agreements with its shareholders Shengshi Guangye and Xiangcheng Yingchuang. The agreements involve transferring funds of RMB27,262,329.67 and RMB26,193,218.73 to Shengshi Guangye and Xiangcheng Yingchuang, respectively, on an unsecured, interest-free basis in proportion to their shareholdings. This transaction is classified as a connected transaction under Chapter 14A of the Listing Rules, requiring reporting and announcement but exempt from circular and independent shareholders’ approval.
More about Minmetals Land Limited
YTD Price Performance: 5.00%
Average Trading Volume: 1,129
Technical Sentiment Signal: Sell
Current Market Cap: €165M
Find detailed analytics on 0230 stock on TipRanks’ Stock Analysis page.