Mainland Headwear Holdings (HK:1100) has released an update.
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Mainland Headwear Holdings Limited has entered into a new Framework Agreement for continuing connected transactions with NEC and NEHK, appointing Wintax and the Company as the approved manufacturers for headwear products until 2029. This agreement, which involves substantial shareholders, requires approval from Independent Shareholders due to new transaction caps exceeding regulatory thresholds. A circular with more details will be dispatched to shareholders before December 2024.
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