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Red Star Macalline Approves Key Resolutions at 2025 EGM

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Red Star Macalline Approves Key Resolutions at 2025 EGM

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The latest update is out from Red Star Macalline Group Corporation Ltd Class H ( (HK:1528) ).

Red Star Macalline Group Corporation Ltd held its 2025 fifth extraordinary general meeting on August 15, 2025, where all proposed resolutions were successfully passed by poll. Key resolutions included the appointment of a new non-executive director and amendments to various management rules, reflecting the company’s ongoing efforts to refine its governance structure and operational procedures. These changes are likely to impact the company’s governance and operational efficiency positively, potentially enhancing its market position and stakeholder confidence.

More about Red Star Macalline Group Corporation Ltd Class H

Red Star Macalline Group Corporation Ltd is a sino-foreign joint stock company incorporated in the People’s Republic of China. It operates primarily in the home improvement and furniture retail industry, focusing on providing a wide range of home furnishing products and services to consumers in China.

Average Trading Volume: 9,919,683

Technical Sentiment Signal: Sell

Current Market Cap: HK$12.5B

For a thorough assessment of 1528 stock, go to TipRanks’ Stock Analysis page.

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