1957 & Co. (Hospitality) Ltd. has announced the renewal of lease and licence agreements for its existing Italian cuisine restaurant, Paper Moon, located in Harbour City, Hong Kong. The new agreements, effective from June 15, 2025, will run for two years until June 14, 2027. The agreements involve BVL as the tenant and licensee, and WRL as the landlord and licensor, with HCEL acting as the authorized agent. The arrangements cover Shop OTE 301 and its adjoining outside seating area, allowing for the continued operation of the high-class Italian restaurant. The transaction falls under the discloseable category according to the GEM Listing Rules, requiring reporting and announcements but exempting shareholder approval.