Mulsanne Group Renews Lease with Ningbo Songhe

Mulsanne Group Holding Limited (HK:1817) has released an update.

Mulsanne Group Holding Limited has entered into a renewed lease agreement for premises in Ningbo, China, with Ningbo Songhe, a company controlled by a non-executive director, Mr. Yang. The lease, which covers a floor area of approximately 27,000 square meters and is valued at RMB3,521,016, will span from January to August 2025. This transaction, while a connected one under Hong Kong’s listing rules, is not subject to independent shareholders’ approval due to its small scale.

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