Red Star Macalline Adjusts Service Agreements

Red Star Macalline Group Corporation Ltd Class H (HK:1528) has released an update.

Red Star Macalline Group Corporation Ltd has announced revisions to its service agreements, including a significant increase in the annual caps under the Master Service Provision Agreement for the years up to 2026, and adjustments to a supplemental agreement service consideration and project size. These changes involve transactions with connected persons, which fall under specific reporting and review requirements but are exempt from independent shareholder approval.

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