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中國海外發展：與中國建築興業集團有限公司重續有關建築工程的持續關連交易

CHINA OVERSEAS: RENEWAL OF CONTINUING CONNECTED TRANSACTIONS WITH CHINA STATE CONSTRUCTION DEVELOPMENT HOLDINGS LIMITED IN RELATION TO CONSTRUCTION WORKS

Hong Kong Stock Exchange ·  Apr 29 04:40
Summary by Moomoo AI
中國海外發展有限公司（中國海外）宣布，與中國建築興業集團有限公司（中國建築興業）續簽新的總承建協議。該協議將於2024年7月1日生效，為期三年，至2027年6月30日結束。此次續約是在現有總承建協議即將於2024年6月30日屆滿的背景下進行的。中國海外預計將繼續邀請中國建築興業參與建築工程的競爭投標。中海集團作為中國海外及中國建築興業的控股股東，持有中國海外約56.10%的股權，以及中國建築興業約70.78%的股權，因此中國建築興業被視為中國海外的關連人士。新總承建協議下的交易構成持續關連交易，並須遵守上市規則第十四A章的年度審閱、申報及公告規定，但豁免獨立股東批准。新協議的上限為董事根據現時所得資料的最佳估計，並非與集團的財務或潛在財務表現直接相關。中國海外主要從事房地產開發業務，而中國建築興業則主要從事總承包業務、外牆承建業務及運營管理業務。
中國海外發展有限公司（中國海外）宣布，與中國建築興業集團有限公司（中國建築興業）續簽新的總承建協議。該協議將於2024年7月1日生效，為期三年，至2027年6月30日結束。此次續約是在現有總承建協議即將於2024年6月30日屆滿的背景下進行的。中國海外預計將繼續邀請中國建築興業參與建築工程的競爭投標。中海集團作為中國海外及中國建築興業的控股股東，持有中國海外約56.10%的股權，以及中國建築興業約70.78%的股權，因此中國建築興業被視為中國海外的關連人士。新總承建協議下的交易構成持續關連交易，並須遵守上市規則第十四A章的年度審閱、申報及公告規定，但豁免獨立股東批准。新協議的上限為董事根據現時所得資料的最佳估計，並非與集團的財務或潛在財務表現直接相關。中國海外主要從事房地產開發業務，而中國建築興業則主要從事總承包業務、外牆承建業務及運營管理業務。
China Overseas Development Co., Ltd. (China Overseas) announced the renewal of a new general contract agreement with China Construction Industry Group Co., Ltd. (China Construction Industry). The Agreement will enter into force on 1 July 2024 for a period of three years, ending on 30 June 2027. This renewal is taking place against the background of the current General Contracting Agreement, which is about to expire on June 30, 2024. Overseas China is expected to continue to invite Chinese construction industry to participate in competitive tenders for construction projects. As a controlling shareholder of China Overseas and China Construction Industries, the PRC Group holds approximately 56.10% of China Overseas and approximately 70.78% of China Construction Industry. Therefore, China Construction Industries is considered to be a connected person abroad...Show More
China Overseas Development Co., Ltd. (China Overseas) announced the renewal of a new general contract agreement with China Construction Industry Group Co., Ltd. (China Construction Industry). The Agreement will enter into force on 1 July 2024 for a period of three years, ending on 30 June 2027. This renewal is taking place against the background of the current General Contracting Agreement, which is about to expire on June 30, 2024. Overseas China is expected to continue to invite Chinese construction industry to participate in competitive tenders for construction projects. As a controlling shareholder of China Overseas and China Construction Industries, the PRC Group holds approximately 56.10% of China Overseas and approximately 70.78% of China Construction Industry. Therefore, China Construction Industries is considered to be a connected person abroad in China. Transactions under the new General Contractor Agreement constitute a continuing connected transaction and are subject to the annual review, declaration and announcement provisions of Chapter 14A of the Listing Rules, but are exempt from approval by independent shareholders. The cap of the new agreement is the best estimate of the directors based on current income data and is not directly related to the financial or potential financial performance of the Group. China Overseas is mainly engaged in real estate development business, while China Construction Industry is mainly engaged in general contracting business, exterior wall construction business and operations management business.

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