Sterling Group faces shareholder vote on connected transactions

** Sterling Group Holdings (HKEX: 1825) is convening an extraordinary general meeting (EGM) on March 14, 2025, to seek independent shareholder approval for several major and connected transactions. These transactions include a loan agreement with Santai Global Asset Management, an agreement related to inventory supply and financial assistance to JP Outfitters (JPO), a second agreement providing further financial assistance to JPO, and a guaranty fee agreement. The total advances, financial assistance, and second financial assistance amounted to approximately HK$66.4 million (US$8.5 million).