Telecom Digital Ends CKK Cafe Lease, Resets Cap on Sun Asia Group Rentals

The latest announcement is out from Telecom Digital Holdings Ltd ( (HK:6033) ).

Telecom Digital Holdings Limited announced that its subsidiary OIL has signed a surrender agreement with CKK Cafe, a wholly owned subsidiary of connected party Sun Asia, to terminate an existing tenancy for the fourth floor of Telecom Digital Tower in Kwun Tong. CKK Cafe will return the premises with vacant possession on 15 February 2026, after which the tenancy will be fully terminated and all parties released from further liabilities, while other leases with Sun Asia Group entities, including offices and restaurant premises, will continue on arm’s-length, market-based terms. As the Sun Asia Group is controlled by the Cheung family, the arrangement constitutes a continuing connected transaction under Hong Kong listing rules, triggering announcement, annual review and reporting obligations but remaining exempt from independent shareholders’ approval due to its size, with a revised annual cap set for rental income from Sun Asia Group leases.

The most recent analyst rating on (HK:6033) stock is a Hold with a HK$0.58 price target. To see the full list of analyst forecasts on Telecom Digital Holdings Ltd stock, see the HK:6033 Stock Forecast page.

More about Telecom Digital Holdings Ltd

Telecom Digital Holdings Limited is a Hong Kong‑listed company engaged in property leasing through subsidiaries such as OIL, renting out commercial premises including office and restaurant space. Its counterparties include related parties within the Sun Asia Group, reflecting a business model that incorporates intra‑group leasing arrangements governed by Hong Kong’s connected transaction rules.

Average Trading Volume: 77,993

Technical Sentiment Signal: Strong Sell

Current Market Cap: HK$246.3M

See more data about 6033 stock on TipRanks’ Stock Analysis page.