Disclosable and connected transaction - acquisition of target property

Summary by 6ix AI

Runhua Living Service Group Holdings Limited has announced a connected transaction involving the acquisition of a target property located in Jinan, China. The acquisition is valued at a specified amount and is subject to approval from independent shareholders due to its classification as a disclosable transaction under listing rules. An extraordinary general meeting will be held for shareholders to consider the property purchase agreement, with an independent financial adviser appointed to assist. The acquisition aims to enhance the company's leasing business and capitalize on opportunities in the region.

Written by 6ix AI from the company’s filing. How 6ix writes summaries