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Red Star Macalline Group Corporation Ltd Class H ( (HK:1528) ) has provided an announcement.
Red Star Macalline Group Corporation Ltd has entered into a Supplemental Contract Management Agreement with Shaanxi Hongrui, effective from September 30, 2025, to September 29, 2026. This agreement, which involves a fixed annual management fee of RMB1.50 million, is part of the company’s continuing connected transactions under the Listing Rules. The transactions are subject to annual review and reporting requirements but are exempt from independent shareholder approval due to their aggregated percentage ratios.
More about Red Star Macalline Group Corporation Ltd Class H
Red Star Macalline Group Corporation Ltd is a sino-foreign joint stock company based in the People’s Republic of China. It operates in the home improvement and furnishings industry, providing contract management services among other offerings.
Average Trading Volume: 11,349,492
Technical Sentiment Signal: Strong Sell
Current Market Cap: HK$12.29B
For a thorough assessment of 1528 stock, go to TipRanks’ Stock Analysis page.