South China Vocational Education Group Co., Ltd. (HK:6913) has released an update.
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South China Vocational Education Group’s affiliated entity, Lingnan Institute of Technology, has entered a new lease agreement with Health Valley for a property used in elderly care and nursing. The lease runs from October 2024 to August 2027, with a monthly rent capped at approximately RMB 601,768.44. As Health Valley is connected to the Group’s controlling shareholders, the transaction is classified as a continuing connected transaction under the Listing Rules.
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