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Prosperity Investment Holdings Appoints SSHK as New Investment Manager

Story Highlights
  • Prosperity Investment Holdings appoints SSHK as Investment Manager for three years.
  • The agreement is a connected transaction, subject to reporting but exempt from shareholder approval.
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Prosperity Investment Holdings Appoints SSHK as New Investment Manager

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Prosperity Investment Holdings Limited ( (HK:0310) ) just unveiled an update.

Prosperity Investment Holdings Limited has entered into a New Investment Management Agreement with SSHK, appointing them as the Investment Manager for a three-year term starting no later than December 31, 2025. This agreement, which involves a monthly management fee of HK$40,000, classifies SSHK as a connected person under the Listing Rules, making the transaction a continuing connected transaction. The agreement is subject to reporting, announcement, and annual review requirements but is exempt from circular and independent shareholders’ approval requirements due to the financial thresholds involved.

More about Prosperity Investment Holdings Limited

Technical Sentiment Signal: Sell

Current Market Cap: HK$12.11M

See more insights into 0310 stock on TipRanks’ Stock Analysis page.

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