China Resources Land (HKG:1109) unit Shenzhen Runzhi Urban Construction Management has entered into an agreement to provide China Resources Beverage (Holdings) with construction management services, a Sept. 20 bourse filing said.
The term of the contract will begin when the shares of China Resources Beverage begin trading on the bourse and end Dec. 31, 2026.
The construction management services include but are not limited to management design and construction services, as well as the handling of relevant administrative procedures for China Resources Beverage's production facilities and factories.
China Resources (Holdings), which holds a nearly 60% equity stake in property developer China Resources Land, is also a controlling shareholder of China Resources Beverage.
Price (HKD): $21.15, Change: $-0.20, Percent Change: -0.94%
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