Tian An China renews key service agreements with major shareholder Allied Group

Tian An China Investments Company Limited has renewed three continuing connected transactions with Allied Group Limited (AGL) for a three-year term, from January 1, 2026, to December 31, 2028. These include the 2026 TACI Agreement for the company's administrative and management services, the 2026 ASL Agreement for Asiasec Properties Limited (ASL)'s internal audit and management information system services, and the 2026 TAMC Agreement for Tian An Medicare Limited (TAMC)'s management services. AGL, a substantial shareholder, holds approximately 56.94% of the company.

Under the 2026 TACI Agreement, the company will reimburse AGL for administrative and management service costs. Annual caps for these services are set at HK$65,000,000 for 2026, HK$71,500,000 for 2027, and HK$78,600,000 for 2028. ASL and TAMC, both non wholly-owned subsidiaries of the company, will also reimburse AGL for their respective services on a cost basis. The annual caps for ASL are HK$200,000 for 2026, HK$220,000 for 2027, and HK$242,000 for 2028. Similarly, TAMC's annual caps are HK$200,000 for 2026, HK$220,000 for 2027, and HK$242,000 for 2028.

These transactions are subject to reporting, announcement, and annual review requirements under Chapter 14A of the Listing Rules, but are exempt from independent shareholders' approval as the applicable percentage ratios are between 0.1% and 5%. The sharing of administrative services under the TACI Agreement is fully exempt.