Kidsland Secures New Tenancy in Macau

Kidsland International Holdings Limited (HK:2122) has released an update.

Kidsland International Holdings Limited, via its subsidiary Kidsland (Macau), has entered into a new tenancy agreement for shops in Shoppes at Venetian, Macau, set to last from March 2024 to February 2026 with a total rental fee of HK$11,136,600. The company, acting as a guarantor, will recognize this lease as a right-of-use asset, which under the Listing Rules is a discloseable transaction due to its value. The agreement requires upfront monthly payments and includes a HK$1,552,500.00 security deposit.

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