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金沙中國有限公司:持續關連交易 - 重續共享服務協議

SANDS CHINA LTD: Continuing Connected Transactions - Renewal of Shared Services Agreement

HKEX ·  Dec 17, 2024 17:36

Summary by Futu AI

金沙中國有限公司於2024年12月17日與Las Vegas Sands Corp. (LVS)簽訂2025年重續協議,將2024年共享服務協議延長一年至2025年12月31日。根據重續後的協議,LVS集團將繼續向金沙中國提供市場推廣服務以及運輸及相關服務。2025年度,LVS集團向金沙中國提供市場推廣服務的年度上限為1,240萬美元,運輸及相關服務的年度上限為1,260萬美元。這些交易構成持續關連交易,須遵守上市規則第14A章的申報、公告及年度審閱規定,但獲豁免遵守獨立股東批准規定。董事會認為,重續協議的條款按一般商務條款訂立,屬公平合理,符合公司及股東的整體利益。重續協議有助於配合金沙中國各業務單位的發展需求。
金沙中國有限公司於2024年12月17日與Las Vegas Sands Corp. (LVS)簽訂2025年重續協議,將2024年共享服務協議延長一年至2025年12月31日。根據重續後的協議,LVS集團將繼續向金沙中國提供市場推廣服務以及運輸及相關服務。2025年度,LVS集團向金沙中國提供市場推廣服務的年度上限為1,240萬美元,運輸及相關服務的年度上限為1,260萬美元。這些交易構成持續關連交易,須遵守上市規則第14A章的申報、公告及年度審閱規定,但獲豁免遵守獨立股東批准規定。董事會認為,重續協議的條款按一般商務條款訂立,屬公平合理,符合公司及股東的整體利益。重續協議有助於配合金沙中國各業務單位的發展需求。
On December 17, 2024, SANDS CHINA LTD signed a renewal agreement for 2025 with Las Vegas Sands Corp. (LVS), extending the 2024 Shared Services Agreement for an additional year until December 31, 2025. According to the renewed agreement, the LVS group will continue to provide marketing services and transportation and related services to SANDS CHINA. In fiscal year 2025, the annual cap for marketing services provided by the LVS group to SANDS CHINA is set at $12.4 million, while the annual cap for transportation and related services is $12.6 million. These trades form continuing connected transactions and are required to comply with reporting, announcement, and annual review regulations under Chapter 14A of the Listing Rules, but are exempt from the requirement for independent shareholder approval. The Board of Directors believes that the terms of the renewal agreement are established under normal commercial terms, are fair and reasonable, and align with the overall interests of the company and its Shareholders. The renewal agreement helps to meet the developmental needs of SANDS CHINA's various business units.
On December 17, 2024, SANDS CHINA LTD signed a renewal agreement for 2025 with Las Vegas Sands Corp. (LVS), extending the 2024 Shared Services Agreement for an additional year until December 31, 2025. According to the renewed agreement, the LVS group will continue to provide marketing services and transportation and related services to SANDS CHINA. In fiscal year 2025, the annual cap for marketing services provided by the LVS group to SANDS CHINA is set at $12.4 million, while the annual cap for transportation and related services is $12.6 million. These trades form continuing connected transactions and are required to comply with reporting, announcement, and annual review regulations under Chapter 14A of the Listing Rules, but are exempt from the requirement for independent shareholder approval. The Board of Directors believes that the terms of the renewal agreement are established under normal commercial terms, are fair and reasonable, and align with the overall interests of the company and its Shareholders. The renewal agreement helps to meet the developmental needs of SANDS CHINA's various business units.

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