Town Health International Medical Group Ltd. (HK:3886) has released an update.
Confident Investing Starts Here:
- Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions
- Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value 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.
Trending Articles:
Looking for a trading platform? Check out TipRanks' Best Online Brokers guide, and find the ideal broker for your trades.
Report an Issue