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YesAsia Holdings Limited ( (HK:2209) ) has provided an announcement.
YesAsia Holdings Limited has announced the extension of a lease for its warehouse premises in Tsing Yi, Hong Kong, through its subsidiary YA Logistics. The lease extension, commencing on May 1, 2026, and ending on April 30, 2029, includes an option for a further three-year renewal. This transaction, valued at approximately HK$74,147,000, will be recognized as an acquisition of assets under HKFRS 16 and constitutes a discloseable transaction under the Hong Kong Listing Rules. The extension is expected to enhance the company’s operational capabilities and solidify its market positioning in logistics.
The most recent analyst rating on (HK:2209) stock is a Hold with a HK$5.50 price target. To see the full list of analyst forecasts on YesAsia Holdings Limited stock, see the HK:2209 Stock Forecast page.
More about YesAsia Holdings Limited
YesAsia Holdings Limited is a company incorporated in Hong Kong, primarily operating in the logistics sector. Its wholly-owned subsidiary, YA Logistics, manages warehouse premises, focusing on the efficient storage and distribution of goods.
Average Trading Volume: 804,903
Technical Sentiment Signal: Hold
Current Market Cap: HK$1.92B
For detailed information about 2209 stock, go to TipRanks’ Stock Analysis page.