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Future Bright Holdings Renews Lease for Ramen Restaurant in Kowloon

Story Highlights
  • Future Bright Holdings renews lease for ramen restaurant in Kowloon.
  • The lease includes basic rent, turnover rent, and additional costs, classified as a discloseable transaction.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Future Bright Holdings Renews Lease for Ramen Restaurant in Kowloon

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An announcement from Future Bright Holdings ( (HK:0703) ) is now available.

Future Bright Holdings Limited, through its wholly-owned subsidiary Bright Mark, has renewed its lease agreement for a property in Kowloon, Hong Kong, to continue operating a Japanese ramen restaurant. The lease, effective from February 2026 to February 2028, includes a monthly basic rent and a turnover rent based on gross takings, with additional costs for management fees, rates, and government rent. This transaction is classified as a discloseable transaction under the Listing Rules, requiring notification and announcement but not shareholder approval.

More about Future Bright Holdings

Future Bright Holdings Limited operates in the food and beverage industry, focusing on the operation of Japanese ramen restaurants under the trade name ‘Bari-uma’.

Average Trading Volume: 307,108

Technical Sentiment Signal: Strong Sell

Current Market Cap: HK$97.9M

Find detailed analytics on 0703 stock on TipRanks’ Stock Analysis page.

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