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Zhou Hei Ya renews connected property lease transactions

April 1, 2025 at 05:07 PM UTCBy FilingReader AI

Zhou Hei Ya International Holdings Company Limited (HKEX: 1458) announced the renewal of its continuing connected transactions through a new 2025 Master Property Lease Agreement, effective from April 1, 2025. The agreement, which renews the 2022 Master Property Lease Agreement, involves leasing operational properties from controlling shareholders Mr. Zhou Fuyu and Mrs. Tang Jianfang. The new agreement covers a three-year period, expiring on March 31, 2028, and includes six key premises initially. Annual caps for these lease payments are proposed, with a total of HKD 8.5 million for 2025, HKD 9.5 million for 2026, and HKD 10 million for 2027. The Directors believe these transactions are fair, reasonable, and in the interests of the Company and Shareholders as a whole.

This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com

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