TravelSky Technology (HK:0696) has released an update.
TravelSky Technology has announced new tenancy agreements with CTHCL for leasing properties in Beijing and Shanghai until December 2027, which will be recognized as right-of-use assets. These agreements, involving a significant shareholder of TravelSky, are notable transactions under the Listing Rules but do not require independent shareholder approval. The financial implications are unaudited and subject to future adjustments, with the leased assets and liabilities measured on a present value basis.
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