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San Miguel Brewery HK Clarifies Related Party Transactions in 2024 Report

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San Miguel Brewery HK Clarifies Related Party Transactions in 2024 Report

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The latest update is out from San Miguel Brewery HK Ltd. ( (HK:0236) ).

San Miguel Brewery Hong Kong Ltd. has issued a supplemental announcement regarding its 2024 Annual Report, specifically addressing transactions with related parties. The company clarified that these transactions, which involve expenses paid on behalf of and by related entities, comply with the Hong Kong Stock Exchange’s Listing Rules and are exempt from certain reporting and approval requirements. This announcement ensures transparency and confirms adherence to regulatory standards, potentially reassuring stakeholders about the company’s governance practices.

The most recent analyst rating on (HK:0236) stock is a Hold with a HK$1.50 price target. To see the full list of analyst forecasts on San Miguel Brewery HK Ltd. stock, see the HK:0236 Stock Forecast page.

More about San Miguel Brewery HK Ltd.

San Miguel Brewery Hong Kong Ltd. operates in the brewing industry, focusing on the production and distribution of beer and related products. The company is a key player in the Hong Kong market, providing a range of alcoholic beverages.

Average Trading Volume: 131,094

Technical Sentiment Signal: Strong Buy

Current Market Cap: HK$448.3M

See more data about 0236 stock on TipRanks’ Stock Analysis page.

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