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Steve Leung Design Group Limited ( (HK:2262) ) just unveiled an update.
Steve Leung Design Group Limited has entered into a framework agreement with Jangho Co. under which it and its subsidiaries will provide interior design, decorating and furnishing services to Jangho Co. and its subsidiaries from 14 April 2026 to 31 December 2028. The deal sets annual caps of RMB13 million for each year and requires that pricing be based on prescribed government standards where available, or otherwise on arm’s-length terms comparable to those offered to independent clients.
Because Jangho Co. is a 30%-controlled company of the group’s controlling shareholder, the arrangement constitutes a continuing connected transaction under Hong Kong listing rules. The applicable percentage ratios exceed 0.1% but remain below 5%, meaning the transactions are subject to reporting, announcement and annual review requirements, while being exempt from circular and independent shareholders’ approval, which streamlines execution while maintaining disclosure obligations.
More about Steve Leung Design Group Limited
Steve Leung Design Group Limited is a Hong Kong-listed design firm specializing in interior design and interior decorating and furnishing services. The group focuses on providing these services to a range of clients in Greater China and overseas markets, positioning itself within the premium interior design and fit-out segment.
Average Trading Volume: 22,263
Technical Sentiment Signal: Buy
Current Market Cap: HK$913.1M
Find detailed analytics on 2262 stock on TipRanks’ Stock Analysis page.