C&D Property Management Renews Business Framework Agreement
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C&D Property Management Group Co., Ltd. (HK:2156) has renewed its Business Framework Agreement with C&D Real Estate and C&D International, effective from January 1, 2026, to December 31, 2028. The agreement involves connected transactions, with C&D International exempt from independent shareholders’ approval, while C&D Property requires it due to exceeding the 5% threshold. An Independent Board Committee will guide shareholders, with a circular expected by December 5, 2025. The latest analyst rating for HK:2156 is a Buy with a price target of HK$3.50.
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