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Red Star Macalline Group Corporation Ltd Class H ( (HK:1528) ) has issued an announcement.
Red Star Macalline Group Corporation Ltd announced that the resolution proposed at its 2025 second extraordinary general meeting was passed by a significant majority. The meeting, held in Shanghai, saw a high level of shareholder participation, with over 52% of shares represented. The resolution involved waivers of several voluntary undertakings, indicating a strategic move that could impact the company’s operational flexibility and stakeholder relations.
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 China, operating in the retail and home improvement industry. The company is known for its extensive network of shopping malls and stores that offer a wide range of home furnishing products and services.
YTD Price Performance: -27.62%
Average Trading Volume: 344
Technical Sentiment Signal: Strong Buy
Current Market Cap: €1.49B
Learn more about 1528 stock on TipRanks’ Stock Analysis page.
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