Simplicity Holding Signs Tenancy Agreement for PRC Office

Reuters

2025/11/14

Simplicity Holding Ltd. has announced the signing of a tenancy agreement for an office in the PRC. Under HKFRS 16, the fixed portion of rent will be recognized as a right-of-use asset valued at approximately HK$1.7 million at initial recognition. The transaction is classified as a discloseable transaction under Chapter 19 of the GEM Listing Rules and is subject to reporting and announcement requirements.

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. Simplicity Holding Ltd. published the original content used to generate this news brief on November 14, 2025, and is solely responsible for the information contained therein.

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