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Cirtek Holdings Revises Major Lease Terms

Cirtek Holdings Revises Major Lease Terms

Cirtek Holdings Limited (HK:1433) has released an update.

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Cirtek Holdings Limited has announced amendments to its major transaction lease terms, including changes to the security deposit description, the period within which a breach of lease occurs due to non-payment of rent, and the removal of a clause allowing machinery and equipment removal without rent payment post-lease expiry. These adjustments come after the original lease announcements on 23 July and 13 August 2024, and are deemed fair by the company’s directors after arm’s length negotiations.

For further insights into HK:1433 stock, check out TipRanks’ Stock Analysis page.

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