Anhui Expressway Seeks Independent Shareholder Approval for Major Construction Services Deal
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Anhui Expressway Company (HK:0995) entered a three-year framework agreement with controlling shareholder Anhui Transportation Holding Group for construction services. As the deal exceeds Hong Kong connected transaction thresholds, it requires independent shareholder approval. An independent board committee and financial adviser Rainbow Capital have been appointed to assess fairness. A circular with details and an EGM notice will be issued by August 25, 2026.
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