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Lai Fung Holdings Renews Property Management Agreements

Story Highlights
  • Lai Fung Holdings renews property management agreements with Laisun and Novotown Creative Culture.
  • The agreements are subject to reporting and review but exempt from independent shareholders’ approval.
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Lai Fung Holdings Renews Property Management Agreements

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Lai Fung Holdings ( (HK:1125) ) has shared an announcement.

Lai Fung Holdings has announced the renewal of its property management services agreements for Novotown Business Management with Laisun Creative Culture and Novotown Creative Culture. These agreements, effective from July 31, 2025, to July 31, 2026, ensure the continuation of connected transactions under the previous agreements. The transactions are subject to specific reporting and review requirements under the Hong Kong Stock Exchange Listing Rules, but they are exempt from the need for independent shareholders’ approval.

More about Lai Fung Holdings

Average Trading Volume: 51,682

Technical Sentiment Signal: Strong Sell

Current Market Cap: HK$324.4M

Find detailed analytics on 1125 stock on TipRanks’ Stock Analysis page.

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