Red Star Macalline Group Corporation Ltd Class H (HK:1528) has released an update.
Invest with Confidence:
- Follow TipRanks' Top Wall Street Analysts to uncover their success rate and average return.
- Join thousands of data-driven investors – Build your Smart Portfolio for personalized insights.
Red Star Macalline Group Corporation Ltd has announced the extension of their Contract Management Agreements with Yangzhou RSHFP and Jining Hongrui for an additional year, now expiring at the end of 2025. This includes a revision of the annual caps for the years ending in 2024 and 2025, with the board approving updated annual management fees for the shopping malls they operate. The fees were determined after arms-length negotiations, ensuring they remain competitive with prevailing market rates.
For further insights into HK:1528 stock, check out TipRanks’ Stock Analysis page.
