Tao Heung Holdings Limited (HK:0573) has released an update.
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Tao Heung Holdings Limited has entered into a 2024 Master Tenancy Agreement with Dongguan Tian Yao Property Management Limited for a two-year term, commencing on 6 June 2024 and ending on 5 June 2026, for a part of their premises. This transaction, valued at approximately HK$27,553,000, is classified as a connected transaction due to shared ownership interests and is subject to reporting requirements but exempt from needing shareholder approval. The company has announced that the financial figure is unaudited and may be adjusted in the future.
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