Star Group Asia (1560) Provides Supplemental Details on Property Disposal and Leaseback Arrangement

Bulletin Express
01/27

Star Group Asia Limited (1560) released supplemental information regarding its major transaction in relation to the disposal of certain properties and the related leaseback arrangement. The supplemental details follow an initial announcement dated 22 January 2026.

According to the announcement, the leaseback arrangement constitutes a disclosable transaction under the Listing Rules because one or more of the applicable percentage ratios exceed 5%, but all are below 25%. As a result, it is subject to reporting and announcement requirements but is exempt from circular and shareholders’ approval.

The board indicated that the terms of the agreement and leaseback arrangement, including the consideration, are on normal commercial terms and fair and reasonable. It was further noted that this arrangement serves the interests of the company and its shareholders as a whole. The additional disclosure does not affect any other information contained in the original announcement dated 22 January 2026.

免責聲明:投資有風險,本文並非投資建議,以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請,作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考,不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證,投資者應自行研究並在投資前尋求專業建議。

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