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Sterling Group Renews Tenancy Agreements for Key Properties

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Sterling Group Renews Tenancy Agreements for Key Properties

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

Sterling Group Holdings Limited has announced the renewal of tenancy agreements for its Win 18 and Win 19 premises, with a one-year lease term starting from February 1, 2025, at a rental rate of HK$130,000 per month for each property. These agreements are considered continuing connected transactions, exempt from stringent financial disclosures due to their size, and reflect the company’s ongoing property management strategy, maintaining its industry positioning and stakeholder relationships.

More about Sterling Group Holdings Limited

Sterling Group Holdings Limited operates in the real estate sector, managing properties and leasing agreements to generate steady rental income. The company is known for its focus on connected transactions and manages properties through its subsidiaries, providing leasing services in Hong Kong.

YTD Price Performance: -15.56%

Average Trading Volume: 753,289

Technical Sentiment Consensus Rating: Buy

Current Market Cap: HK$26.27M

For detailed information about 1825 stock, go to TipRanks’ Stock Analysis page.

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