China Mobile Limited Enters into the Telecommunication Facilities Construction Services Agreement

marketscreener
2026.01.01 13:38
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China Mobile Limited has entered into a Telecommunication Facilities Construction Services Agreement effective January 1, 2026, with a duration of one year. The agreement includes project planning, construction, and maintenance services for CMCC and its subsidiaries. Transactions are classified as continuing connected transactions under Hong Kong Listing Rules, exempt from independent shareholder approval. Pricing will be determined through a public tender process, adhering to relevant laws. Payment terms include instalments for services rendered, with specific percentages due at various project stages.