tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Midland Holdings Renews Tenancy and Licence Agreement

Story Highlights
Midland Holdings Renews Tenancy and Licence Agreement

Elevate Your Investing Strategy:

  • Take advantage of TipRanks Premium at 55% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.

Midland Holdings Limited ( (HK:1200) ) has shared an announcement.

Midland Holdings Limited has entered into a new Tenancy and Licence Framework Agreement with Mr. WONG, the company’s Chairman and a significant shareholder, to renew the previous agreement set to expire in September 2025. This agreement outlines the terms for property leasing and licensing between the company’s group members and Mr. WONG’s associated entities, ensuring continued operations under specified conditions for the next three years. The agreement is classified as a continuing connected transaction under Hong Kong’s Listing Rules, subject to certain reporting and review requirements.

More about Midland Holdings Limited

Average Trading Volume: 3,205,401

Technical Sentiment Signal: Buy

Current Market Cap: HK$1.5B

Learn more about 1200 stock on TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1