China Next-Gen Commerce and Supply Chain Wins Approval for Lease Service Framework Agreement
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China Next-Gen Commerce and Supply Chain Limited has received shareholder approval for its Lease Service Framework Agreement with Shanghai Mitaki Culture Development Company and Seazen Holdings. The agreement, which includes annual caps for 2025, 2026, and 2027, was unanimously approved by independent shareholders. This approval allows directors to execute necessary documents for the lease framework, ensuring regulatory clarity for connected leasing transactions. The current analyst rating for S&T Holdings Ltd. (HK:3928) is a Hold with a price target of HK$11.50.
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