Luen Thai Holdings Extends Key Lease Agreement

Luen Thai Holdings Limited (HK:0311) has released an update.

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.

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