Sinomax Group Ltd. (HK:1418) has released an update.
Sinomax Group Ltd, via its subsidiary Sinomax Vietnam HP, has signed a three-year factory lease with Lam Thanh starting September 2024, with a monthly rent that escalates from approximately $90,310 to $99,180 in the third year. This transaction is classified as a discloseable event as per the Listing Rules due to the value of the lease, triggering mandatory reporting and announcement obligations.
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