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Guangdong Land Holdings Limited ( (HK:0124) ) has provided an announcement.
Guangdong Land Holdings Limited announced a new tenancy agreement through its subsidiary, Guangdong Yuehai Land, with GD Teem for leasing the 44th floor of Teem Tower for commercial office use. This agreement, effective from January 18, 2025, to December 31, 2026, is classified as a connected transaction under Hong Kong’s Listing Rules due to the company’s controlling shareholder relationship with GDI. The agreement reflects the company’s strategy to optimize office space usage and cost, following a previous tenancy agreement that included more floor space.
More about Guangdong Land Holdings Limited
YTD Price Performance: -3.33%
Average Trading Volume: 5,249
Technical Sentiment Consensus Rating: Buy
Current Market Cap: €61.8M
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