EDA Group Announces Key Lease Agreement Transaction

EDA Group Holdings Limited (HK:2505) has released an update.

EDA Group Holdings Limited has announced a major transaction relating to a lease agreement, highlighting the intricate relationships among its major shareholders. Three closely allied shareholders, EDA Shine, LS DiDi, and Samanea, collectively hold approximately 64.9% of the company’s shares and have displayed a unified front on shareholder resolutions since February 2020, with EDA Shine being ultimately controlled by the company’s founder and executive director, Mr. Liu Yong.

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