Midea Real Estate Renews Connected Transactions

Midea Real Estate Holding Limited (HK:3990) has released an update.

Midea Real Estate Holding Limited has announced the renewal of their connected transactions agreements, including construction and property management, to extend until December 2026. These agreements, following a proposed distribution and potential disposal, will see the company continue cooperation with Midea Holding Group, which will become a connected person. The agreements cover leasing of commercial properties with set annual caps, ensuring fees remain competitive based on market rates.

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