Uni-President China Renews Four Contracts with Ultimate Controlling Shareholder

MT Newswires Live03-04 21:17

Uni-President China (HKG:0220) renewed four agreements with its ultimate controlling shareholder, UPE, for three years ahead of their Dec. 31 expiry, according to a Wednesday Hong Kong bourse filing.

The agreements will be valid for three years starting Jan. 1, 2027, and ending Dec. 31, 2029, the food and beverage producer said.

The renewal of the contracts, comprising framework raw material purchase, product sales, technical support service, and logistics service agreements, is subject to shareholder approval.

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