Deson Development International Holdings Limited (HK:0262) has released an update.
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Deson Development International Holdings Limited has announced supplemental agreements to its existing lease agreements, stating changes in the payment terms and rent adjustments. Rent will be paid in advance, only after all conditions are met, and any rent increase will be capped at 5% every three years, tied to market valuations. These adjustments aim to offer clarity and stability to both the company and its lessors over the 15-year lease term.
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