S-Enjoy Service Group Co., Ltd. (HK:1755) has released an update.
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S-Enjoy Service Group Co., Ltd. has entered into new office lease agreements with Shanghai Chuangyu, which will position the Office Premises A as their new headquarters, effective from November 2024 to November 2027. The leases, involving right-of-use assets valued at approximately RMB8.9 million, are considered connected transactions due to affiliations with controlling shareholder Mr. Wang. These transactions are subject to reporting requirements but exempt from independent shareholder approval.
For further insights into HK:1755 stock, check out TipRanks’ Stock Analysis page.
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