BetterLife Holding Limited (HK:6909) has released an update.
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BetterLife Holding Limited has announced new lease agreements for its subsidiaries Harbin BetterLife and Xiamen BetterLife, involving the Harbin and Xiamen 4S Dealership Stores. These transactions, which are considered discloseable due to their aggregated value exceeding 5% of the company’s applicable percentage ratio, align with the company’s expansion strategy in the automotive sector. The Harbin lease is set for an eight-and-a-half-year term, underscoring BetterLife’s commitment to strengthening its dealership operations.
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