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Everbright Securities Company Limited Class H ( (HK:6178) ) just unveiled an announcement.
Everbright Securities said its wholly owned subsidiary CEBSI plans to exercise a renewal option on its existing lease at Everbright Centre in Hong Kong, extending the term for three years from May 1, 2026 to April 30, 2029. The renewed connected transaction keeps CEBSI in the same premises under largely unchanged terms, and is structured in line with the company’s prior disclosures and Hong Kong listing rules on related-party dealings.
Under the renewed lease, monthly rent will be about HK$2.95 million plus roughly HK$0.52 million in service charges, with a three-month rent-free period and a deposit of around HK$10.84 million. The rent level was set after arm’s-length negotiations with reference to market valuations by Jones Lang LaSalle, and the company noted that the renewal will not trigger recognition of a new right-of-use asset under HKFRS 16, helping maintain accounting consistency while securing continued office stability.
More about Everbright Securities Company Limited Class H
Everbright Securities Company Limited is a PRC-incorporated securities firm listed in Hong Kong, operating through subsidiaries such as CEBSI. The group provides securities brokerage, investment banking and related financial services, using leased office premises in Hong Kong as a key operational base to support its regional business activities and client-facing functions.
Average Trading Volume: 2,228,405
Technical Sentiment Signal: Hold
Current Market Cap: HK$71.74B
For an in-depth examination of 6178 stock, go to TipRanks’ Overview page.