Sinofert Holdings Announces EPC Contract for Equipment Renewal and Renovation

Reuters
2025.11.13 09:13
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Sinofert Holdings Limited has announced an EPC General Contracting Agreement for the renewal and renovation of electrical equipment at its subsidiary, Sinochem Yunlong. The project includes upgrades for chemical defluorination, arsenic removal, fluoride salt removal, and Monocalcium Phosphate sections. The transaction's percentage ratio exceeds 0.1% but is under 5%, thus requiring reporting but not independent shareholder approval under Chapter 14A of the Listing Rules.

Sinofert Holdings Limited has announced a connected transaction under an EPC General Contracting Agreement for the Electrical and Instrumentation Equipment Renewal and Renovation Project. The project involves the renewal and renovation of electrical equipment and facilities for chemical defluorination, arsenic removal, fluoride salt removal, and Monocalcium Phosphate (MCP) sections at Sinochem Yunlong, an indirect wholly-owned subsidiary of the company. The highest applicable percentage ratio for the transaction, calculated on both a standalone and aggregated basis, exceeds 0.1% but is less than 5%. As a result, the transaction is subject to reporting and announcement requirements under Chapter 14A of the Listing Rules, but is exempt from the requirement for independent shareholders’ approval. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Sinofert Holdings Limited published the original content used to generate this news brief on November 13, 2025, and is solely responsible for the information contained therein. © Copyright 2025 - Public Technologies (PUBT) Original Document: here