BetterLife Holding Ltd. Announces Property Lease Agreement with Tianjin Guomao

Reuters
2025/09/26
BetterLife Holding Ltd. Announces Property Lease Agreement with Tianjin Guomao

BetterLife Holding Ltd. announced that its indirect wholly-owned subsidiary, BetterLife Tianjin, has entered into a property lease agreement with Tianjin Guomao on 26 September 2025. Under the agreement, BetterLife Tianjin will lease certain properties from Tianjin Guomao. The transaction constitutes a connected transaction under Hong Kong Stock Exchange Listing Rules, as Tianjin Guomao is considered a connected person due to its ownership structure involving Mr. Chou, an executive Director and Controlling Shareholder of BetterLife Holding Ltd. The agreement was approved by the Board, with Mr. Chou abstaining from voting due to his interest in the transaction. The terms of the lease were determined to be fair and reasonable and are in line with normal commercial practices. The transaction is subject to reporting and announcement requirements but does not require independent 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. BetterLife Holding Ltd. published the original content used to generate this news brief on September 26, 2025, and is solely responsible for the information contained therein.

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