Convenience Retail Asia Limited announced that its indirect wholly-owned subsidiary, CFL, has entered into a legally binding term sheet with KAMUI Cold Chain Engineering & Service Limited for a construction project. The contract, dated 8 October 2025, covers renovation works for a food production site located on the entire 2nd Floor of the Precision Manufacturing Centre at No. 3 Dai Hei Street, Tai Po Industrial Estate, Tai Po, New Territories, Hong Kong. The scope of works includes demolition, building, electrical upgrades, air-conditioning, ventilation, plumbing and drainage, fire service systems, and extra-low voltage and internet of things installations. The contract sum is HK$18,800,000, with further terms and conditions to be agreed upon in the construction contract.