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Telecom Digital Holdings Announces Surrender Agreement with SCL

Story Highlights
  • Telecom Digital Holdings terminates a lease with SCL under the 2025/26 Tenancy Agreements.
  • The agreement is a connected transaction, subject to announcement and reporting rules.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Telecom Digital Holdings Announces Surrender Agreement with SCL

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Telecom Digital Holdings Ltd ( (HK:6033) ) just unveiled an update.

Telecom Digital Holdings Limited has entered into a Surrender Agreement with SCL to terminate the lease of a property under the 2025/26 Tenancy Agreements. This agreement, effective from August 31, 2025, releases all parties from liabilities and obligations related to the surrendered premise. The transaction is considered a continuing connected transaction under the Listing Rules due to the relationship between SCL and East-Asia Group, which is indirectly owned by the Cheung Brothers. The revised annual fees for transactions with East-Asia Group are subject to announcement and reporting requirements but are exempt from independent shareholders’ approval.

More about Telecom Digital Holdings Ltd

Telecom Digital Holdings Limited is a company incorporated in the Cayman Islands, operating in the telecommunications industry. It is involved in providing digital communication services and products, with a focus on leasing properties for its operations.

Average Trading Volume: 132,589

Technical Sentiment Signal: Hold

Current Market Cap: HK$302.8M

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

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