tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Sterling Group Renews Connected Party Leases for Hong Kong Offices

Story Highlights
  • Sterling Group renewed one-year leases for its Hong Kong office and parking premises at Win Plaza through subsidiaries SAL and CW.
  • The new leases are classified as continuing connected transactions but fall below regulatory thresholds, avoiding circular and shareholder approval requirements.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Sterling Group Renews Connected Party Leases for Hong Kong Offices

Claim 50% Off TipRanks Premium

Sterling Group Holdings Limited ( (HK:1825) ) has issued an update.

Sterling Group Holdings Limited has renewed its leases for the 18th and 19th floor premises and associated car parking spaces at Win Plaza, San Po Kong, Kowloon, through new one-year tenancy agreements running from 1 February 2026 to 31 January 2027, at a monthly rental of HK$130,000 per unit, payable by its wholly owned subsidiaries SAL and CW. Because the landlords, Win 18 and Win 19, are wholly owned by Winfield, which in turn is wholly owned by executive director Ms. Wong Mei Wai, the arrangements constitute continuing connected transactions under Hong Kong listing rules, but the relatively small aggregate annual consideration keeps them below key regulatory thresholds, exempting the leases from requirements for a shareholder circular, independent financial advice and shareholder approval while allowing the company to maintain continuity of its operating premises.

The most recent analyst rating on (HK:1825) stock is a Sell with a HK$0.11 price target. To see the full list of analyst forecasts on Sterling Group Holdings Limited stock, see the HK:1825 Stock Forecast page.

More about Sterling Group Holdings Limited

Sterling Group Holdings Limited is a Hong Kong-listed company incorporated in the Cayman Islands, operating through subsidiaries including SAL and CW, and maintains office and parking premises at Win Plaza in San Po Kong, Kowloon, to support its business operations.

Average Trading Volume: 348,872

Technical Sentiment Signal: Strong Sell

Current Market Cap: HK$39.81M

For a thorough assessment of 1825 stock, go to TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

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
1