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Veeko International Announces Lease Renewal for Hong Kong Retail Shop

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Veeko International Announces Lease Renewal for Hong Kong Retail Shop

Elevate Your Investing Strategy:

The latest announcement is out from Veeko International Holdings Limited ( (HK:1173) ).

Veeko International Holdings Limited announced a discloseable transaction involving a lease renewal for a retail shop in Hong Kong. This lease, effective from May 2025 to April 2028, will be recognized as a right-of-use asset, impacting the company’s financial statements under HKFRS16. The transaction is subject to reporting and announcement requirements due to its significance under the Listing Rules.

More about Veeko International Holdings Limited

Veeko International Holdings Limited operates in the retail industry, focusing on skincare, cosmetics, health, and beauty products. The company markets its products under the trade names ‘MORIMOR by colourmix’ and ‘colourmix’.

Average Trading Volume: 1,106,704

Technical Sentiment Signal: Sell

Current Market Cap: HK$62.95M

For a thorough assessment of 1173 stock, go to TipRanks’ Stock Analysis page.

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