Founder Holdings (HK:0418) has released an update.
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Founder Holdings Limited has announced a change in leasing entity for office premises, with New Founder Boya set to take over leasing rights and obligations from New Founder starting July 1, 2024. The agreements affect Founder Electronics and Founder EasiPrint, both subsidiaries of the Company, and the change will not alter other terms of the original lease agreements. New Founder Boya, part of the larger group that includes controlling shareholder Ping An, specializes in property management and related services.
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