C&D Property Management Group Co., Ltd. (HK:2156) has released an update.
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C&D Property Management Group Co., Ltd announced a supplemental agreement to its Entrusted Management Agreement, detailing the fair and reasonable pricing policies and fee arrangements for ongoing connected transactions. These transactions involve consultancy fees, tenant sourcing commissions, and operation management commissions, all determined through market-based negotiations. The company emphasizes that these arrangements are in the best interest of their shareholders, ensuring no significant losses even if performance thresholds are not met.
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