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