Gemdale Properties & Investment (HK:0535) has released an update.
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Gemdale Properties & Investment Corporation Limited has announced the continuation of its connected transactions under the 2025 CCT Agreements and the 2022 Decoration Services Framework Agreement, set to expire on December 31, 2024. The transactions involve managing operations at Beijing Gemdale Plaza and are subject to specific reporting and review requirements. Despite the minimal expected transaction amount under the 2025 Property Development and Technical Services Agreement, Gemdale is committed to maintaining transparency and compliance with Hong Kong’s Listing Rules.
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