Melbourne Enterprises Limited (HK:0158) has released an update.
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Melbourne Enterprises Limited has renewed a leasing agreement with Fu Hop, a connected entity, for two years starting 1 August 2024. The deal involves renting premises in Melbourne Plaza, Hong Kong, with an annual cap amount not exceeding HK$3.8 million. The terms are considered fair by the Directors and do not require independent shareholder approval.
For further insights into HK:0158 stock, check out TipRanks’ Stock Analysis page.