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An update from Regina Miracle International (Holdings) Limited ( (HK:2199) ) is now available.
Regina Miracle International (Holdings) Limited has announced the renewal of a property leasing agreement for its subsidiary, RMIA Shenzhen, with Shun Cheong. The new agreement, effective from April 1, 2025, involves leasing a building in Shenzhen for research and development or manufacturing purposes. The transaction is classified as a connected transaction due to Shun Cheong’s ownership by the company’s controlling shareholder, Mr. Hung Yau Lit. Although the transaction requires reporting and annual review, it is exempt from independent shareholders’ approval under the Listing Rules.
More about Regina Miracle International (Holdings) Limited
Regina Miracle International (Holdings) Limited operates in the manufacturing industry, focusing on the production of intimate wear, sportswear, and functional products. The company is known for its innovative design and development capabilities, catering to a global market with a strong emphasis on quality and functionality.
YTD Price Performance: -16.28%
Average Trading Volume: 68,295
Technical Sentiment Signal: Strong Buy
Current Market Cap: HK$2.2B
For a thorough assessment of 2199 stock, go to TipRanks’ Stock Analysis page.