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International Housewares Retail Co Renews Key Tenancy Agreement Until 2028

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International Housewares Retail Co Renews Key Tenancy Agreement Until 2028

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International Housewares Retail Co ( (HK:1373) ) has issued an announcement.

International Housewares Retail Co has renewed its Tenancy Framework Agreement with Ms. Ngai Group, crucial for leasing retail, warehouse, and office spaces to sustain its operations. The agreement, considered a continuing connected transaction under Hong Kong’s Listing Rules, is extended until April 2028 with new annual caps set, ensuring compliance with regulatory requirements and reflecting market rental conditions.

More about International Housewares Retail Co

International Housewares Retail Company Limited is an investment holding company with subsidiaries engaged in the retail sales and trading of homeware products, licensing of franchise rights, and the provision of management services. The company focuses on sustaining its operations in Hong Kong by leasing premises that support its business activities.

YTD Price Performance: 10.20%

Average Trading Volume: 604,367

Technical Sentiment Consensus Rating: Buy

Current Market Cap: HK$775.6M

See more data about 1373 stock on TipRanks’ Stock Analysis page.

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