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Pacific Century Premium Developments Limited ( (HK:0432) ) has shared an update.
Pacific Century Premium Developments Limited has entered into a New Lease Agreement with PT FWD, a connected person of the company, for leasing premises and signage rights over a building. This agreement, effective from July 2, 2025, to July 1, 2028, involves PT PBI, a subsidiary of the company, as the landlord. The lease includes specific terms for rent, service charges, and parking spaces, with certain discounts and advance payment requirements. The transactions are classified as continuing connected transactions under the Listing Rules, requiring reporting and annual review but exempt from independent shareholders’ approval.
More about Pacific Century Premium Developments Limited
Pacific Century Premium Developments Limited is a company incorporated in Bermuda, focusing on property development and management. It operates in the real estate industry, providing leasing and property management services.
Average Trading Volume: 336,442
Technical Sentiment Signal: Hold
Current Market Cap: HK$419.9M
Learn more about 0432 stock on TipRanks’ Stock Analysis page.