Red Star Macalline Group Corporation Ltd Class H (HK:1528) has released an update.
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Red Star Macalline Group Corporation Ltd. successfully passed key resolutions at their second extraordinary general meeting held on November 4, 2024, in Shanghai. The resolutions included providing guarantees for financing to two of its subsidiaries, with substantial shareholder support. This development highlights the company’s strategic financial maneuvers aimed at bolstering its subsidiaries’ growth.
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