Hong Kong-listed Liu Chong Hing Investment Limited (00194) has entered into a connected tenancy agreement with Alba Securities & Investment Company Limited, a firm 80 percent owned by Director and CEO Mr. Liu Lit Chi. The two-year lease renewal takes effect from 17 March 2026 to 16 March 2028 for House 1, No. 43 Island Road, Hong Kong.

Key terms: • Rent: HK$436,000 per month, payable in advance, exclusive of government rent, rates and management fees. • Purpose: Residential accommodation for a member of senior management and family. • Classification: Connected transaction under Chapter 14A of the Listing Rules; only announcement and annual reporting obligations apply as all percentage ratios fall between 0.1 percent and 5 percent.

Accounting impact: Applying HKFRS 16, the Group will recognise an estimated right-of-use asset of approximately HK$10.10 million, calculated as the present value of aggregate lease payments discounted at 3.46 percent.

Board considerations: Directors, including the independent non-executive directors, concluded that the rent is below prevailing market levels and the terms are no less favourable than comparable market offerings. Mr. Liu Lit Chi abstained from voting due to his material interest.

Corporate information: Liu Chong Hing Investment focuses on property investment, development and management, treasury investment and hotel operations. Alba Securities is engaged in property holding and investment.