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BExcellent Group Holdings Limited ( (HK:1775) ) has shared an update.
BExcellent Group Holdings Limited has entered into a new lease agreement through an indirect wholly owned subsidiary for an education premises of approximately 21,850 square feet, to be used for education purposes from 16 March 2026 to 31 March 2030, with an option to renew for a further three years. Under HKFRS 16, the lease will be recognized as a right-of-use asset of about HK$23.1 million and, with total rent payable of roughly HK$27.3 million over the initial term, constitutes a one-off discloseable transaction under Hong Kong listing rules, signaling a continued commitment to expanding or maintaining its education footprint funded by internal resources, without any noted director conflicts of interest.
The most recent analyst rating on (HK:1775) stock is a Hold with a HK$0.28 price target. To see the full list of analyst forecasts on BExcellent Group Holdings Limited stock, see the HK:1775 Stock Forecast page.
More about BExcellent Group Holdings Limited
BExcellent Group Holdings Limited is a Hong Kong-listed education services provider that operates through subsidiaries to offer educational programmes and related services. The group focuses on running education premises in Hong Kong, leveraging leased properties to deliver its teaching and learning activities.
Average Trading Volume: 138,264
Technical Sentiment Signal: Buy
Current Market Cap: HK$162.6M
See more data about 1775 stock on TipRanks’ Stock Analysis page.