Forward Fashion (International) Holdings Company Limited (HK:2528) has released an update.
Forward Fashion (International) Holdings Company Limited has announced a significant lease agreement for a property in Macau, with a term from July 10, 2024, to July 9, 2027. The company, acting as guarantor for its subsidiary, will recognize a right-of-use asset valued at approximately HK$15.1 million, making this a discloseable transaction according to the Listing Rules. The total rent for the three-year term is set at HK$16.02 million, with payment structured to increase annually, financed by the Group’s internal resources.
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