Dah Sing Banking Group extends connected transactions with DSFH Group

Dah Sing Banking Group Limited and its subsidiaries entered into various new agreements on December 12, 2025, with DSFH Group, a substantial shareholder, for continuing connected transactions. These include new cooperation agreements for insurance services and new distribution and agency agreements for general insurance and pension products. They are effective from January 1, 2026, to December 31, 2028.

Under the new cooperation agreement, the maximum annual aggregate premiums payable for insurance services to DSI and MIC are estimated not to exceed HK$76.0m for 2026, HK$96.0m for 2027, and HK$116.0m for 2028. This reflects considerations for medical inflation, business growth, and increased insured amounts.

For the distribution and agency agreements and business referral services, the aggregate commissions and fees to be received by the Group and expenses to be reimbursed for 2026, 2027, and 2028 are estimated not to exceed an annual limit of HK$62.0m. These transactions are considered to be on normal commercial terms.