Wisdomcome Group Holdings Leases Hong Kong Office Space

Stock News
03/17

Wisdomcome Group Holdings (08079) announced that on March 17, 2026, the company's wholly-owned subsidiary, Wisdomcome Limited, as the tenant, signed a tenancy agreement for a property. The fixed lease term is for two years, commencing on April 1, 2026, and ending on March 31, 2028. The tenancy agreement is conditional upon execution by the landlord. Upon execution by the landlord, the agreement will be legally binding on the landlord, and the company will be bound by its terms and conditions. The total consideration payable is HK$1.0455 million. The property is Unit 502, 5/F, Eastmark, 21 Sheung Yuet Road, Kowloon Bay, Kowloon, Hong Kong. The property will be used as the group's general office. The total rental payable under the tenancy agreement was determined after fair negotiations between the parties and with reference to, among other factors, the prevailing market rent for properties of a similar nature and function. The board of directors believes the rental is fair and reasonable, consistent with market levels, and that entering into the tenancy agreement is in the overall interests of the group and its shareholders.

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