Regina Miracle International (Holdings) Limited (HK:2199) has released an update.
Regina Miracle International (Holdings) Limited has announced the renewal of its property leasing agreement for a term of one year, effective from July 1, 2024, involving a monthly rent of approximately HK$1.3 million. The lease with RM Innovative, a subsidiary of the company, relates to production premises in Zhaoqing Industrial Park, China. As the involved parties are connected to the company’s chairman and significant shareholder, Mr. Hung, the transaction is classified as a connected transaction under the Listing Rules but is exempt from certain shareholder approval requirements.
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