DAIDO GROUP (00544) Subsidiary Signs Provisional Agreement for Hong Kong Property

Stock News
2025/10/27

On October 27, 2025, DAIDO GROUP (00544) announced that its indirect wholly-owned subsidiary, DSL (as tenant), entered into a provisional agreement with Yiu Sang (as landlord) for the property (Unit 2703, 27/F, Tower One, Admiralty Centre, 18 Harcourt Road, Hong Kong).

When evaluating options to renew the existing lease or secure new office space, the board carefully assessed multiple factors, including location, accessibility, operational efficiency, and long-term strategic alignment. The directors noted that the property is situated in Hong Kong's Admiralty business district, offering convenient transportation links.

Consequently, the board concluded that relocating and signing the provisional agreement would benefit the group's future development.

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