S.A.S. Dragon Holdings Limited (HK:1184) has released an update.
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S.A.S. Dragon Holdings Limited has announced a new Conditional Master Agreement with Hon Hai, replacing the expiring one, to manage the sales and purchases of electronic components and distribution of brand products for the next three years, from 2025 to 2027. This deal is significant as it involves continuing connected transactions with a substantial shareholder, thus requiring shareholder approval and adhering to the Listing Rules. A Special General Meeting (SGM) will be convened to seek approval for the new agreement and transaction caps.
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