Fujikon Industrial Holdings Limited (HK:0927) has released an update.
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Fujikon Industrial Holdings Limited has renewed tenancy agreements for properties in PRC and Hong Kong, through its subsidiaries, for a two-year term starting September 2024. The transactions are considered connected transactions under the Listing Rules, and will result in the recognition of approximately HK$11.3 million in right-of-use assets. All executive directors abstained from voting on the resolutions due to material interest, with the independent non-executive directors approving the renewals.
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