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An announcement from BetterLife Holding Limited ( (HK:6909) ) is now available.
BetterLife Holding Limited has announced a new lease agreement for a 4S dealership store in Tianjin, China. The agreement involves Tianjin BetterLife, a wholly-owned subsidiary, leasing the Tianbao 4S Dealership Store from Tianjin Tianbao. This transaction is part of a series of similar agreements and is classified as a discloseable transaction under Hong Kong’s Listing Rules. The lease term is set for eight and a half years, with an annual rent of RMB2.46 million. This expansion is expected to strengthen BetterLife’s presence in the automotive dealership sector, particularly in the Tianjin region, and aligns with their strategic growth plans.
More about BetterLife Holding Limited
Average Trading Volume: 68,228
Technical Sentiment Signal: Sell
Current Market Cap: HK$361M
For a thorough assessment of 6909 stock, go to TipRanks’ Stock Analysis page.