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Sam Woo Construction Renews Key Tenancies

Sam Woo Construction Renews Key Tenancies

Sam Woo Construction Group Ltd. (HK:3822) has released an update.

Confident Investing Starts Here:

Sam Woo Construction Group Ltd. has renewed tenancy agreements for a range of properties including residential flats and car parking spaces in Hong Kong, through its subsidiaries SWBP and SWEE. The leases are set for a one-year term, spanning from August 1, 2024, to July 31, 2025, involving landlords who are company directors or related parties. These transactions are classified as continuing connected transactions according to the Listing Rules and are exempt from requiring a shareholder vote.

For further insights into HK:3822 stock, check out TipRanks’ Stock Analysis page.

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