Red Star Macalline Approves Key Resolutions at EGM

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 all proposed resolutions at its 2024 third extraordinary general meeting, with significant shareholder participation. The meeting saw resolutions on related party transactions and financial assistance overwhelmingly approved. Notably, Xiamen C&D Corporation and its subsidiaries abstained from voting due to related party transaction regulations.

For further insights into HK:1528 stock, check out TipRanks’ Stock Analysis page.

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