Tongda Hong Tai Holdings Ltd (HK:2363) has released an update.
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Tongda Hong Tai Holdings Ltd has renewed a three-year tenancy agreement for its manufacturing factory in Suzhou, effective from January 2024. The right-of-use asset for this lease is valued at approximately HK$11,550,000, with the rent funded by the group’s working capital. This transaction is classified as a discloseable transaction under the Hong Kong Listing Rules.
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