HKBN Ltd. announced that it has entered into a Distribution Framework Agreement with Venustech, a subsidiary of Venustech Group Inc., for the supply, purchase, and distribution of products in Hong Kong, Macao, and Mainland China. The agreement is effective from the date of signing until 31 December 2028. The transactions under this agreement are considered continuing connected transactions under Chapter 14A of the Hong Kong Listing Rules, but are exempt from circular and independent shareholders' approval requirements due to applicable ratios being less than 5%. Certain directors of HKBN Ltd. abstained from voting on the relevant board resolution due to their positions in related companies.
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. HKBN 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-20260116-11993594), on January 16, 2026, and is solely responsible for the information contained therein.
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