G-Vision International (Holdings) Limited ( (HK:0657) ) has provided an announcement.
G-Vision International (Holdings) Limited announced the renewal of a lease agreement between its subsidiary, CCC Restaurant, and Homley, a wholly-owned subsidiary of Golden Toy. The lease, effective from May 1, 2025, to April 30, 2026, involves a monthly rental payment of HK$360,000. This transaction is classified as a continuing connected transaction under the Hong Kong Listing Rules due to the familial connections of the Cheng Family, who are executive directors of the company. The lease agreement is deemed to be in the ordinary course of business and negotiated on fair and reasonable terms.
More about G-Vision International (Holdings) Limited
G-Vision International (Holdings) Limited operates in the restaurant industry, primarily focusing on leasing properties for its restaurant operations. The company is connected to the Cheng Family through its subsidiaries, which hold significant shares in the company.
YTD Price Performance: -20.0%
Average Trading Volume: 262,200
Technical Sentiment Signal: Strong Buy
Current Market Cap: HK$31.14M
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