New World Department Store Renews Connected Collaboration Pact With CTFE
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New World Department Store China Limited has renewed its collaboration agreement with Chow Tai Fook Enterprises (CTFE) through a new Master Collaboration Services Agreement effective until 2026. This agreement, replacing the previous one set to expire in June 2026, involves ongoing services between the two connected parties. As it qualifies as a continuing connected transaction under Hong Kong listing rules, it requires reporting, announcements, and independent shareholder approval. An extraordinary general meeting will be held, and a shareholder circular is expected by early June 2026.
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