Melbourne Enterprises Renews Lease with Connected Tenant

Melbourne Enterprises Limited (HK:0158) has released an update.

Melbourne Enterprises Limited has renewed a leasing agreement with Fu Hop, a connected entity, for two years starting 1 August 2024. The deal involves renting premises in Melbourne Plaza, Hong Kong, with an annual cap amount not exceeding HK$3.8 million. The terms are considered fair by the Directors and do not require independent shareholder approval.

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