Perfect Group Renews Office Lease Amidst Connected Interests

Perfect Group International Holdings Ltd. (HK:3326) has released an update.

Perfect Group International Holdings Ltd. has announced the renewal of its main office tenancy agreement for a three-year term, with a monthly rent of HK$290,000, excluding additional charges. The agreement, involving a connected transaction due to significant shareholding by Mr. Kan and his spouse, was conducted at market rates and in compliance with the Listing Rules. Directors with vested interests abstained from the renewal’s approval process to ensure transparency and adherence to corporate governance standards.

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