C&D Property Undertakes 10-Year Management Deal with Chengdu RSM

C&D Property Management Group Co., Ltd. (HK:2156) has released an update.

C&D Property Management Group Co., Ltd. has entered into an Entrusted Management Agreement with Chengdu RSM to manage the commercial operations of the MKL Life Aesthetics Center in Chengdu, China. This ten-year agreement, starting in November 2024, involves C&D providing various operational services, including tenant sourcing and post-opening management. The transactions are classified as continuing connected transactions under Hong Kong’s listing rules, subject to specific reporting and review requirements.

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