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Tse Sui Luen Jewellery (International) Ltd ( (HK:0417) ) has provided an update.
Tse Sui Luen Jewellery (International) Limited has renewed the tenancy for its jewellery boutique at Shoppes at Venetian in Macau for a further three-year term from 1 February 2026 to 31 January 2029, with its indirect wholly owned unit TSL Jewellery Retailing (Macau) Limited agreeing to pay monthly rent of HK$704,450 and having recognized an unaudited right-of-use asset of about HK$23.5 million under HKFRS 16. The board said the lease, classified as a discloseable transaction under Hong Kong listing rules, secures a prime retail location that supports stability and continuity of its Macau operations, with terms reached on an arm’s-length basis and assessed as fair, reasonable and in the interests of shareholders.
The most recent analyst rating on (HK:0417) stock is a Hold with a HK$1.00 price target. To see the full list of analyst forecasts on Tse Sui Luen Jewellery (International) Ltd stock, see the HK:0417 Stock Forecast page.
More about Tse Sui Luen Jewellery (International) Ltd
Tse Sui Luen Jewellery (International) Limited is a Hong Kong-listed jewellery retailer engaged in the operation of jewellery boutiques, offering jewellery products to consumers in key locations including Macau. Through its subsidiaries, the group focuses on branded jewellery retailing in prime shopping districts across Greater China.
Average Trading Volume: 128,191
Technical Sentiment Signal: Sell
Current Market Cap: HK$219.3M
See more data about 0417 stock on TipRanks’ Stock Analysis page.