PENGO HLDG GP (01865) Appoints Strategic Capital Markets Advisor

Stock News08-28

PENGO HLDG GP (01865) has announced the appointment of a new capital markets advisor under a formal consultancy agreement.

According to the company's official statement, the group has entered into an advisory services contract with Zhishengbang Commercial Operations Management (Hangzhou) Co., Ltd., a subsidiary of Chengfeng Holdings Co., Ltd., to serve as its capital markets advisor. The advisor will provide professional consultancy services related to the group's capital markets activities, industrial integration initiatives, and strategic development plans.

The agreement takes effect immediately from the date of the announcement and will remain valid for a period of two years. The group, which primarily specializes in infrastructure pipeline construction and related engineering services, has taken this step to capitalize on emerging capital market opportunities, broaden its financing channels, and drive industrial advancement. Through this appointment, the company aims to receive expert assistance in formulating and executing its long-term capital and development strategies.

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