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Ajisen (China) Renews Shanghai Office Lease with Cost Savings

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Ajisen (China) Renews Shanghai Office Lease with Cost Savings

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Ajisen (China) Holdings Limited ( (HK:0538) ) has provided an update.

Ajisen (China) Holdings Limited has announced the renewal of its tenancy agreement for office space in Shanghai, extending the lease from July 2025 to June 2028. This renewal, involving a connected transaction with JILIN Property, is exempt from certain regulatory requirements due to its size but will still be reported. The new agreement offers a 4.5% reduction in rent compared to the previous terms, potentially improving cost efficiency for the company.

More about Ajisen (China) Holdings Limited

Ajisen (China) Holdings Limited operates in the food and beverage industry, primarily focusing on the operation of restaurants and the production of ramen noodles and related products in China.

Average Trading Volume: 597,616

Technical Sentiment Signal: Buy

Current Market Cap: HK$927.8M

See more data about 0538 stock on TipRanks’ Stock Analysis page.

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