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Left Field Printing Group Ltd. ( (HK:1540) ) has issued an announcement.
Left Field Printing Group Ltd. announced an extension of the lease term for its Canberra premises from three years to eight years, effective from 1 April 2022 to 31 March 2030. This extension, facilitated through a Deed of Variation of the Lease Agreement, will be accounted for as an acquisition of a right-of-use asset under IFRS 16, impacting the company’s financial statements. The transaction is classified as a discloseable transaction under Hong Kong’s Listing Rules due to the applicable percentage ratios, necessitating notification and announcement requirements.
More about Left Field Printing Group Ltd.
Left Field Printing Group Ltd. operates in the printing industry, primarily offering printing services and products. The company focuses on providing factory and office operations in Canberra, Australia.
YTD Price Performance: 2.27%
Average Trading Volume: 222,545
Technical Sentiment Consensus Rating: Strong Sell
Current Market Cap: HK$224.4M
For detailed information about 1540 stock, go to TipRanks’ Stock Analysis page.