Emperor Watch & Jewellery (HK:0887) has released an update.
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Emperor Watch & Jewellery Ltd. has signed an offer letter for a new flagship store’s tenancy, with a lease term of five years starting March 2025, at an estimated rent of HK$91.2 million. This transaction, which involves a right-of-use asset valued at approximately HK$80.43 million, is considered a discloseable transaction under Hong Kong Listing Rules, and is expected to expand the Group’s retail network in line with its business development strategy.
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