Luen Thai Holdings Limited (HK:0311) has released an update.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
- Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week.
Luen Thai Holdings Limited has renewed its lease agreement for factory premises and dormitories in China, extending the contract from January 1, 2025, to December 31, 2025. This agreement involves transactions with LTG, a connected entity under the control of Dr. Tan Siu Lin, ensuring continuity in property usage for the company’s operations. These transactions are subject to specific reporting and review requirements but do not require independent shareholders’ approval.
For further insights into HK:0311 stock, check out TipRanks’ Stock Analysis page.