Regina Miracle Announces New Staff Housing Lease
Company Announcements

Regina Miracle Announces New Staff Housing Lease

Regina Miracle International (Holdings) Limited (HK:2199) has released an update.

Regina Miracle International (Holdings) Limited has announced a new property leasing agreement through its subsidiary RM Innovative, which will lease 128 apartment units in Zhaoqing for staff accommodations. The deal with RM Investment, owned by the company’s chairman Mr. Hung, is considered a connected transaction as per listing rules and will be subject to reporting and annual review but is exempt from independent shareholder approval. This one-year lease agreement commences on October 1, 2024, with a monthly rent of approximately HK$232,008.48.

For further insights into HK:2199 stock, check out TipRanks’ Stock Analysis page.

Related Articles
TipRanks HongKong Auto-Generated NewsdeskRegina Miracle Shareholders Approve AGM Resolutions
TipRanks HongKong Auto-Generated NewsdeskRegina Miracle Prepares for Key 2024 AGM
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App