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The latest announcement is out from eprint Group Ltd. ( (HK:1884) ).
Eprint Group Limited, listed in Hong Kong, operates through subsidiaries including Lucky Gainer, Promise Network and e-banner, which lease properties in Hong Kong to support the group’s operations. These properties are owned by entities associated with certain directors and substantial shareholders, making such arrangements subject to connected transaction rules under the Hong Kong Listing Rules.
The company has entered into new three-year tenancy agreements for the period from 1 April 2026 to 31 March 2029 with related-party landlords CTP, King Profit, Profit More, Promise Properties and VVV, replacing existing leases that expire in March 2026. Under accounting standards, the rental commitments will be recognised as right-of-use assets and treated as an acquisition of assets, and because the aggregated transaction size exceeds 25% and HK$34 million, the deals are classified as major and connected transactions requiring independent shareholders’ approval. An Independent Board Committee and an independent financial adviser have been appointed to assess the fairness of the terms, and an extraordinary general meeting will be convened where interested directors and their associates will abstain from voting.
The most recent analyst rating on (HK:1884) stock is a Sell with a HK$0.11 price target. To see the full list of analyst forecasts on eprint Group Ltd. stock, see the HK:1884 Stock Forecast page.
More about eprint Group Ltd.
Average Trading Volume: 350,574
Technical Sentiment Signal: Sell
Current Market Cap: HK$65.45M
See more insights into 1884 stock on TipRanks’ Stock Analysis page.