MEDINET GROUP Subsidiary Signs Lease for Hong Kong Property

Stock News
07/24

MEDINET GROUP (08161) has announced that its indirect subsidiary, Kang Chi, has entered into a lease agreement as the tenant for a property in Hong Kong.

The lease, signed with the landlord Hui Quan Limited, covers the property at Room 1513, 15th Floor, Asia Pacific Centre, 28 Hankow Road, Tsim Sha Tsui, Kowloon, Hong Kong. The monthly rent is set at 60,358 Hong Kong dollars, excluding air-conditioning fees, management fees, government rent, rates, and all other charges.

Lease Duration and Terms

The lease will commence on August 1, 2026, and will run for a fixed term of three years, concluding on July 31, 2029, inclusive of both the start and end dates. The announcement was made public on July 24, 2026.

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