Neway Group Holdings' Subsidiary to Rent Premises in Hong Kong for Group's Warehouse needs

MT Newswires Live

2024/11/29

Neway Group Holdings' (HKG:0055) subsidiary Chung Tai Printing agreed to rent certain property in Hong Kong to be used as the group's warehouse from Huge Max (Hong Kong) for a term of two years, a Friday Hong Kong bourse filing said.

The premises are located at unit 202 on the second floor of Lung Fung Group Centre, No. 23 Yip Cheong Street, Fanling, New Territories, Hong Kong. The tenancy term starts on Dec. 3, 2024, and expires on Dec. 2, 2026.

The monthly rent is set at HK$184,000 with a management charge of about HK$29,248.60 per month. The rent and other payables will be sourced through the internal resources of the group.

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