Beijing Media Reclassifies Metro Line Agreements as Major Transaction
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Beijing Media Corp. Ltd. has reclassified its transaction regarding the 2026 Beijing Metro Line 4, Daxing Line, and Line 17 Exclusive Concession Rights Agreements with Beijing MTR as a major transaction. This reclassification requires additional reporting and shareholder approval due to revised percentage ratios. The most recent analyst rating on the stock is a Hold with a HK$0.50 price target.
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