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Seazen Group Ltd. Announces New Lease Agreement Following Mitaki Culture Disposal

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Seazen Group Ltd. Announces New Lease Agreement Following Mitaki Culture Disposal

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Seazen Group Ltd. ( (HK:1030) ) has issued an update.

Seazen Group Ltd., a company incorporated in the Cayman Islands, has announced the termination of its existing Lease Service Framework Agreement with Mitaki Culture due to Mitaki Culture’s disposal of its equity interests in Mitaki Cultural Development. Following this disposal, Mitaki Cultural Development, now a subsidiary of China Next-Gen, will continue to operate the ‘Mitaki’ branded stores and has entered into a new Lease Service Framework Agreement with Seazen Holdings. This new agreement ensures the continuation of leasing and property management services for Mitaki Cultural Development, reflecting Seazen’s ongoing strategic partnerships and operational adjustments in response to market changes.

The most recent analyst rating on (HK:1030) stock is a Buy with a HK$3.30 price target. To see the full list of analyst forecasts on Seazen Group Ltd. stock, see the HK:1030 Stock Forecast page.

More about Seazen Group Ltd.

Average Trading Volume: 22,852,919

Technical Sentiment Signal: Sell

Current Market Cap: HK$14.85B

See more data about 1030 stock on TipRanks’ Stock Analysis page.

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