Future Bright Holdings Limited (703) reported that its wholly owned subsidiary Bright Mark Restaurant Limited entered into a lease renewal agreement on 20 November 2025 with Sinoking Investment Limited for a property in Kowloon. The two-year lease term will commence on 22 February 2026 and end on 21 February 2028.

Bright Mark will pay a basic monthly rent of HK$275,000 and a turnover rent calculated at 14% of its monthly gross takings exceeding the basic rent. The deposited amount is set at HK$1,206,068. According to the announcement, this arrangement will be recognized as a right-of-use asset of approximately HK$5,531,000, based on a discount rate of 8.41%. The property has been used since 2016 to operate a Japanese ramen restaurant under the “Bari-uma” name, and the renewal is intended to maintain current operations without incurring relocation expenses.

As one of the applicable percentage ratios for this transaction exceeds 5% but remains below 25%, the lease renewal constitutes a discloseable transaction. No shareholder approval is required under the Listing Rules, though the notification and announcement requirements apply.