BOCOM International Holdings Company Limited (Stock Code: 3329) has disclosed plans to renew its existing Property Leasing Framework Agreement and introduce New CCT Framework Agreements with its controlling shareholder, Bank of Communications Co., Ltd. (“BOCOM”), which holds approximately 73.14% of the issued shares. These include a new Financial Services Framework Agreement and a new Financial Technology Services Framework Agreement, collectively effective from 1 January 2026 to 31 December 2028, subject to independent shareholders’ approval.
Under the Property Leasing Framework Agreement, the company intends to continue leasing properties from BOCOM, with proposed annual caps reflecting the anticipated need for offices and related facilities in Hong Kong and Mainland China. For the New Financial Services Framework Agreement, BOCOM International outlines annual caps accommodating a possible increase in securities brokerage, underwriting, investment advisory, and deposit services. Meanwhile, under the New Financial Technology Services Framework Agreement, potential growth in software development, network services, and marketing services is reflected in separate annual caps for transactions between the Group and BOCOM.
All these proposed agreements are categorized as continuing connected transactions under the Listing Rules, requiring independent shareholders’ approval at an extraordinary general meeting (EGM). The register of members will be closed from 12 December 2025 to 17 December 2025 to determine entitlements to attend and vote at the EGM. A circular detailing these agreements, annual caps, and recommendations from an Independent Board Committee and Independent Financial Adviser will be dispatched on or before 5 December 2025.
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