Beijing Capital Grand Limited (HK:1329) has released an update.
Beijing Capital Grand Limited, through its subsidiary Chongqing BCG Outlets, has entered into a Supply Framework Agreement with Chongqing YaJin to provide Consumption Vouchers for customer promotions at Chongqing Capital Outlets. This agreement, which runs from May 31, 2024, to December 31, 2025, falls within regulatory guidelines for connected transactions, requiring only reporting and annual review, not shareholder approval. The deal aims to boost sales by allowing vouchers to be used as payment at Chongqing Capital Outlets.
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