Capinfo Company Limited (1075.HK) Announces Connected Transaction and Proposed Non-Competition Amendments

Bulletin Express
Feb 20

Capinfo Company Limited (1075.HK) has issued a circular dated 23 February 2026 regarding a connected transaction involving proposed amendments to the existing non-competition undertaking. The company plans to replace its 2001 non-competition agreement with a deed of non-competition signed on 20 February 2026. The new arrangement refines the non-competition terms with Beijing State-Owned Assets Management Corporation Limited (BSAM), Capnet Company Limited, and Beijing Data Group Company Limited.

The amendments introduce exceptions for acquisitions and new business items below defined thresholds, along with a 10-day response period for the company to consider relevant terms. An extraordinary general meeting is scheduled for 13 March 2026 in Beijing to seek independent shareholders’ approval. The board, after receiving independent advice, considers the revised deed to be on normal commercial terms and recommends voting in favor of relevant resolutions.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10