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Red Star Macalline Proposes Governance Changes

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Red Star Macalline Proposes Governance Changes

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

Red Star Macalline Group Corporation Ltd has announced proposed amendments to its Articles of Association and the cancellation of its Supervisory Committee. These changes are in line with the Company’s compliance with Chinese regulatory requirements and are subject to approval at the upcoming general meeting, potentially impacting the company’s governance structure.

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 within the retail industry, focusing on home improvement and furniture retailing, and is listed on the Hong Kong Stock Exchange.

Average Trading Volume: 10,060,862

Technical Sentiment Signal: Hold

Current Market Cap: HK$13.71B

For detailed information about 1528 stock, go to TipRanks’ Stock Analysis page.

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