HKBN Ltd. Signs Distribution Framework Agreement with Venustech
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HKBN Ltd. has signed a Distribution Framework Agreement with Venustech for the supply and distribution of products in Hong Kong, Macao, and Mainland China, effective until December 31, 2028. The transactions are classified as continuing connected transactions under Hong Kong Listing Rules but are exempt from circular and independent shareholders’ approval due to applicable ratios being under 5%. Some directors abstained from voting on the board resolution due to their affiliations with related companies.
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