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China Everbright Greentech Signs New Sub-Tenancy Agreement for Hong Kong Office

Story Highlights
  • China Everbright Greentech Ltd. signed a new sub-tenancy agreement for its Hong Kong office.
  • The agreement involves a right-of-use asset valued at HK$4,111,560 and is a connected transaction.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.

Confident Investing Starts Here:

An announcement from China Everbright Greentech Ltd. ( (HK:1257) ) is now available.

China Everbright Greentech Ltd. has entered into a new sub-tenancy agreement for its Hong Kong office, which will be effective from May 18, 2025, to May 17, 2027. The agreement, classified as a connected transaction under Hong Kong’s Listing Rules, involves a right-of-use asset valued at HK$4,111,560. This move is part of the company’s strategic operations, ensuring continuity in its office premises and compliance with regulatory requirements.

More about China Everbright Greentech Ltd.

China Everbright Greentech Ltd. operates in the environmental protection industry, focusing on integrated environmental solutions, including biomass and hazardous waste treatment, solar energy, and wind power. The company is primarily engaged in providing green technology services and products, aiming to promote sustainable development.

Average Trading Volume: 713,599

Technical Sentiment Signal: Hold

Current Market Cap: HK$1.59B

For an in-depth examination of 1257 stock, go to TipRanks’ Stock Analysis page.

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