C-MER Eye Care Holdings Limited (HK:3309) has released an update.
TipRanks Cyber Monday Sale
- Claim 60% off TipRanks Premium for data-backed insights and research tools you need to invest with confidence.
- Subscribe to TipRanks' Smart Investor Picks and see our data in action through our high-performing model portfolio - now also 60% off
C-MER Eye Care Holdings Limited has announced the renewal of a lease for its Shenzhen C-MER Hospital property, extending it for an additional 36 months beginning August 1, 2024. The lease renewal with Shenzhen Maida, associated with a company executive, is a connected transaction under the Listing Rules, but does not require independent shareholder approval. The property, vital for the company’s eye hospital operations, will be recognized as a right-of-use asset with an estimated value of approximately RMB20.9 million.
For further insights into HK:3309 stock, check out TipRanks’ Stock Analysis page.