Sino Land Secures Three-Year Security Services Contract with Ng Family Starting July 2025

Reuters
06-02
Sino Land Secures Three-Year Security Services Contract with Ng Family Starting July 2025

Sino Land Co. Ltd., a subsidiary of TST Properties, has announced a new agreement with the Ng Family for the provision of security services. Effective from July 1, 2025, the contract spans three years, concluding on June 30, 2028. This agreement continues the relationship between Sino Security Services Limited, a wholly-owned subsidiary of Sino Land, and the Ng Family, focusing on properties developed or owned by the Ng Family. The remuneration is structured as a lump sum fee, determined by factors such as the property size, location, and complexity, with a profit margin ranging from 5% to 25%. Payments are to be made monthly in arrears. Sino Land states that the terms are fair, reasonable, and align with their business interests.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Sino Land Co. Ltd. published the original content used to generate this news brief on June 02, 2025, and is solely responsible for the information contained therein.

免责声明:投资有风险,本文并非投资建议,以上内容不应被视为任何金融产品的购买或出售要约、建议或邀请,作者或其他用户的任何相关讨论、评论或帖子也不应被视为此类内容。本文仅供一般参考,不考虑您的个人投资目标、财务状况或需求。TTM对信息的准确性和完整性不承担任何责任或保证,投资者应自行研究并在投资前寻求专业建议。

热议股票

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10