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Desun Group Engages in Major Connected Transaction
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Desun Group Engages in Major Connected Transaction

Desun Real Estate Investment Services Group Co., Ltd. (HK:2270) has released an update.

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Desun Real Estate Investment Services Group Co., Ltd. has entered into a significant connected transaction through its subsidiary Shudu Wanze, with Dexin Shangyu, Shudu Yintai, and Shanghai Kesheng. The deal, which involves a cooperation agreement regarding the payment terms of a relevant payment, is subject to reporting and announcement obligations but is exempt from shareholder approval requirements. This arrangement marks an important development for the company, highlighting its strategic business maneuvers within the real estate investment sector.

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