CWT International Ltd. announced that on 19 December 2025, its indirect wholly-owned subsidiary, MRI Trading, entered into a Second Contract of Sale with GTS Shipping for the trading of commodities. The contract consideration should not exceed US$5,000,000 (approximately HK$39,000,000). The Second Contract of Sale, when aggregated with the First Contract of Sale, exceeds 0.1% but is less than 5% under the relevant Listing Rules, making it subject to reporting and announcement requirements, but exempt from circular and independent shareholders' approval. The company stated that the transaction is in the ordinary and usual course of business and on normal commercial terms.
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. CWT International Ltd. published the original content used to generate this news brief via IIS, the Issuer Information Service operated by the Hong Kong Stock Exchange (HKex) (Ref. ID: HKEX-EPS-20251219-11962080), on December 19, 2025, and is solely responsible for the information contained therein.
Comments