China Overseas Property Holdings Limited and China Overseas Land & Investment Limited Announce New Framework Agreement

marketscreener
2025.11.28 11:10
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China Overseas Property Holdings Limited and China Overseas Land & Investment Limited have announced a new framework agreement to renew their transactions for acquiring rights-of-use of car parking spaces. The agreement, effective from January 1, 2026, to December 31, 2028, allows the parties to enter into transactions within the COLI Annual Caps. The terms ensure transactions are fair, reasonable, and in the ordinary course of business, with potential for property rights transfer in the future.