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An announcement from Lisi Group (Holdings) Limited ( (HK:0526) ) is now available.
Lisi Group (Holdings) Limited has announced the renewal of a lease agreement between its subsidiary, Lisi Household, and Lisi Electrical for a property lease spanning three years from June 2025 to May 2028. The new lease agreement, recognized as a one-off connected transaction under the Hong Kong Listing Rules, involves a monthly rental increase and will be accounted for as right-of-use assets, impacting the company’s financial reporting.
More about Lisi Group (Holdings) Limited
Lisi Group (Holdings) Limited operates in the manufacturing industry, primarily focusing on household products and electrical appliances. The company is involved in leasing arrangements for properties to support its operational needs.
YTD Price Performance: -45.00%
Average Trading Volume: 2,761,758
Technical Sentiment Signal: Buy
Current Market Cap: HK$972.8M
For detailed information about 0526 stock, go to TipRanks’ Stock Analysis page.