Town Health International Medical Group Ltd. (HK:3886) has released an update.
Don't Miss our Black Friday Offers:
- Unlock your investing potential with TipRanks Premium - Now At 40% OFF!
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter
Town Health International Medical Group Ltd. has announced a connected transaction involving a new tenancy agreement with CLIS, for leasing premises from October 2024 to March 2027. The agreement, which is linked to the company’s significant shareholder China Life Insurance, involves recognizing an estimated right-of-use asset value of approximately HK$6.3 million. The transaction falls within reporting requirements but is exempt from the need for independent shareholder approval.
For further insights into HK:3886 stock, check out TipRanks’ Stock Analysis page.