Bauhaus International (Holdings) Limited (the “Company”) has disclosed a provisional sale and purchase agreement dated 4 March 2026 for a property acquisition in Tsuen Wan, Hong Kong. The purchase involves Flat D on the 39th Floor of Block 9, Belvedere Garden Phase 2, at a total consideration of HK$6.21 million. The agreement was made through Tough Jeans Retail Limited, a wholly-owned subsidiary of the Company, and Bank of Communications (Hong Kong) Limited as vendor under its mortgagee power of sale.

Completion of the transaction is scheduled on or before 16 April 2026, with HK$310,500 already paid upon signing the provisional sale and purchase agreement, an additional HK$310,500 due upon formal agreement, and the remaining HK$5.59 million payable at completion. The Company points to market pricing for similar properties and plans to fund the purchase through internal resources.

The acquired property is to serve as staff quarters, contributing to personnel retention while controlling accommodation costs. The Company recorded a staff turnover rate of 68.00% in the financial year ended 31 March 2025, and it anticipates that providing housing will help stabilize workforce requirements and comply with relevant labor policies. As the applicable percentage ratios under the Listing Rules exceed 5.00% but are below 25.00%, this acquisition is designated as a discloseable transaction and is subject to reporting and announcement requirements under Chapter 14 of the Listing Rules.