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Centenary United Holdings Expands on Property Leasing Framework

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Centenary United Holdings Expands on Property Leasing Framework

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An announcement from Centenary United Holdings Limited ( (HK:1959) ) is now available.

Centenary United Holdings Limited announced additional details regarding its Property Leasing Framework Agreement, which is part of its continuing connected transactions. The agreement involves leasing properties from Zhongshan New Century Pioneering Automobile Co., Ltd. and its subsidiaries to meet the Group’s operational needs. The leases are set on commercial terms favorable to the Group, with rent determined through arm’s length negotiation based on development costs and prevailing market conditions.

More about Centenary United Holdings Limited

Average Trading Volume: 50,062

Technical Sentiment Signal: Sell

Current Market Cap: HK$101.6M

Learn more about 1959 stock on TipRanks’ Stock Analysis page.

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