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An announcement from Neway Group Holdings Limited ( (HK:0055) ) is now available.
Neway Group Holdings Limited announced the early termination of a tenancy agreement for its wholly-owned subsidiary, CTPHK, effective from August 31, 2025. The termination involves derecognizing a right-of-use asset valued at approximately HK$2.6 million, which does not constitute a discloseable transaction under the Hong Kong Listing Rules. The landlord agreed to deduct a one-month rent deposit as compensation for the early termination, and CTPHK is required to deliver vacant possession of the premises.
More about Neway Group Holdings Limited
Neway Group Holdings Limited is a company incorporated in Bermuda, operating with limited liability. It is listed on the Hong Kong Stock Exchange under the stock code 00055. The company operates through its wholly-owned subsidiary CTPHK, which engages in property leasing activities.
Average Trading Volume: 58,073
Technical Sentiment Signal: Hold
Current Market Cap: HK$53.21M
Learn more about 0055 stock on TipRanks’ Stock Analysis page.