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Kontafarma China Holdings Ltd ( (HK:1312) ) has shared an update.
Kontafarma China Holdings Ltd has announced the renewal of a lease for its existing fitness center located at Djitsun Mall, Ang Mo Kio, Singapore. The lease, effective from August 5, 2025, to August 4, 2027, involves a monthly rent of S$115,000 and a deposit of S$230,000. This transaction will be recognized as an acquisition of an asset under HKFRS 16, impacting the company’s financial statements. The renewal is considered a discloseable transaction under Hong Kong Listing Rules, requiring reporting and announcement but not shareholder approval.
More about Kontafarma China Holdings Ltd
Average Trading Volume: 903,391
Technical Sentiment Signal: Sell
Current Market Cap: HK$167.4M
For a thorough assessment of 1312 stock, go to TipRanks’ Stock Analysis page.