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An announcement from Sun Hung Kai & Co. Limited ( (HK:0086) ) is now available.
Sun Hung Kai & Co. Limited has entered into two new master lease agreements with its controlling shareholder Allied Group Limited (AGL) and AGL-associated entity Art View, allowing group members to enter into, renew or amend tenancies, sub-tenancies, leases, sub-leases and licences for properties owned by these related parties from 1 January 2026 to 31 December 2028, subject to predetermined annual caps. As AGL owns approximately 73.51% of the company and indirectly holds 50% of Art View, both agreements are classified as continuing connected transactions under Hong Kong’s Listing Rules; the aggregated leasing arrangements will be subject to announcement, annual reporting and review requirements, but will be exempt from circular, independent financial advice and shareholders’ approval, signalling an ongoing, regulated property usage framework within the group that formalises intra-group leasing while limiting additional compliance burdens.
More about Sun Hung Kai & Co. Limited
Sun Hung Kai & Co. Limited is a Hong Kong-incorporated investment and financial services group listed on the Hong Kong Stock Exchange. The company operates through a range of subsidiaries and related entities, with significant shareholding by Allied Group Limited (AGL), which holds a controlling stake of approximately 73.51%, positioning Sun Hung Kai & Co. within a broader conglomerate structure focused on investment and asset-related activities in Hong Kong and the region.
Average Trading Volume: 464,296
Technical Sentiment Signal: Strong Buy
Current Market Cap: HK$7.71B
See more data about 0086 stock on TipRanks’ Stock Analysis page.