Sun Hung Kai & Co. Limited (HK:0086) has released an update.
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Sun Hung Kai & Co. Limited has entered into a new leasing agreement through its indirect subsidiary, SHK Investment Services Limited, with Hillcrest Development Limited for premises at No. 60 Plantation Road, The Peak, Hong Kong. The three-year lease will commence on 24 July 2024 and expire on 23 July 2027, following the non-renewal of a previous four-year lease. This transaction is classified as a connected transaction under the Listing Rules, subject to reporting and announcement obligations but exempt from shareholders’ approval due to its size.
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