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AustAsia Group Extends Key Service Agreement Until 2027

AustAsia Group Extends Key Service Agreement Until 2027

AustAsia Group Limited. (HK:2425) has released an update.

AustAsia Group Limited has renewed its agreement with Annona Technical Services to extend the provision of various financial and strategic services until the end of 2027. The agreement, which includes services like financial management and debt solutions, will see annual service fee caps increase to $0.85 million in 2025, $0.90 million in 2026, and $0.95 million in 2027. This move aims to enhance AustAsia’s operational efficiency and strategic planning capabilities.

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