EDA Group Holdings Limited (HK:2505) has released an update.
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EDA Group Holdings Limited has announced a significant lease agreement for warehouse and office space in New Jersey, with a 15-year term and a total fixed rent of approximately $95.8 million. The deal, which involves a subsidiary of EDA Group as the tenant and requires shareholder approval, is considered a major transaction according to the Listing Rules due to the value of the leased assets. The agreement also includes additional rent covering various potential costs and fees.
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