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Want Want China Holdings Renews Office Leases in Strategic Move

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Want Want China Holdings ( (HK:0151) ) just unveiled an update.

Want Want China Holdings has renewed property lease agreements for its office spaces, involving connected transactions with associates of its chairman and CEO, Mr. Tsai. The leases, recognized as right-of-use assets, are valued at approximately RMB136.63 million and will be recorded on the company’s balance sheet, reflecting strategic asset acquisitions without requiring independent shareholder approval.

More about Want Want China Holdings

YTD Price Performance: 7.52%

Average Trading Volume: 3,200

Technical Sentiment Signal: Sell

Current Market Cap: $7.41B

Learn more about 0151 stock on TipRanks’ Stock Analysis page.

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