Hysan Development Co. Ltd. Announces New Lease Agreement with Jebsen & Co., Expanding Its Property Leasing Portfolio in Hong Kong

Reuters
2025/08/29
Hysan Development Co. Ltd. Announces New Lease Agreement with Jebsen & Co., Expanding Its Property Leasing Portfolio in Hong Kong

Hysan Development Co. Ltd., a prominent property investment and management company based in Hong Kong, has announced a new lease agreement. The lease, dated 29 August 2025, involves Earn Extra Investments Limited, a wholly-owned subsidiary of Hysan, and Jebsen & Co., a diversified trading and investment company. This agreement, known as the "New Lease," covers a three-year period from 1 October 2025 to 30 September 2028. This transaction is part of Hysan's ongoing strategy to manage its extensive property portfolio in Hong Kong, focusing on property leasing as one of its core businesses. The transaction is categorized as a continuing connected transaction under the Listing Rules of the Hong Kong Stock Exchange, but it is exempt from requiring a circular, independent financial advice, and shareholders' approval.

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. Hysan Development Co. Ltd. published the original content used to generate this news brief on August 29, 2025, and is solely responsible for the information contained therein.

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