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Century Legend Secures New Lease for Hospitality Business

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Century Legend Secures New Lease for Hospitality Business

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An announcement from Century Legend (Holdings) Limited ( (HK:0079) ) is now available.

Century Legend (Holdings) Limited has announced a new lease agreement for its hospitality service business in North Point, Hong Kong. The lease, which involves Full Wave, an indirect non wholly-owned subsidiary of the company, will run from July 1, 2025, to June 30, 2026, with a monthly rental of HK$450,000. The transaction is classified as discloseable under the Hong Kong Stock Exchange listing rules due to its size, requiring notification and announcement but not shareholder approval. This move is expected to support the company’s operations in the hospitality sector, potentially enhancing its market position.

More about Century Legend (Holdings) Limited

Average Trading Volume: 70,566

Technical Sentiment Signal: Buy

Current Market Cap: HK$42.39M

For a thorough assessment of 0079 stock, go to TipRanks’ Stock Analysis page.

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