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Sinopec Kantons Holdings to Approve New Framework Agreements

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Sinopec Kantons Holdings to Approve New Framework Agreements

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Sinopec Kantons Holdings ( (HK:0934) ) has provided an update.

Sinopec Kantons Holdings Limited has announced a special general meeting to discuss and approve several new framework master agreements. These include the New Crude Oil Jetty and Storage Services Framework Master Agreement, the New Sinopec Fuel Oil Sales Company Limited Framework Master Agreement, and the New Sinopec Finance Financial Services Framework Master Agreement. The approval of these agreements, along with their proposed annual caps for the next three financial years, is expected to bolster the company’s operations and strategic positioning in the energy sector.

The most recent analyst rating on (HK:0934) stock is a Hold with a HK$4.50 price target. To see the full list of analyst forecasts on Sinopec Kantons Holdings stock, see the HK:0934 Stock Forecast page.

More about Sinopec Kantons Holdings

Sinopec Kantons Holdings Limited, incorporated in Bermuda, operates in the energy sector with a focus on crude oil jetty and storage services, fuel oil sales, and financial services. The company is listed on the Hong Kong Stock Exchange and is involved in various agreements to enhance its operational capabilities.

Average Trading Volume: 2,530,069

Technical Sentiment Signal: Buy

Current Market Cap: HK$10.12B

For detailed information about 0934 stock, go to TipRanks’ Stock Analysis page.

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