China Kangda Food Co (SG:P74) has released an update.
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China Kangda Food Co has announced new continuing connected transactions, including a mutual provision of products and a lease agreement, following the expiry of their previous framework. These agreements involve internal parties, with Mr. Gao Yanxu and Mr. Gao Sishi, who are both directors and relatives, holding significant interests in the entities involved. The transactions are considered connected transactions due to the ownership and directorship ties within the company’s subsidiaries.
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