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Century Legend Secures New Lease for Subsidiary

Century Legend Secures New Lease for Subsidiary

Century Legend (Holdings) Limited (HK:0079) has released an update.

Century Legend (Holdings) Limited’s subsidiary Full Wave has secured a new one-year lease agreement with City Sino Development Limited for hospitality services in North Point, Hong Kong. The lease starts on July 1, 2024, and ends on June 30, 2025, with a monthly rent of HK$476,250, making the total consideration approximately HK$5,715,000. This transaction falls into a discloseable category due to its significance in terms of percentage ratios set by the Listing Rules, but does not require shareholder approval.

For further insights into HK:0079 stock, check out TipRanks’ Stock Analysis page.

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