Radiance Holdings (HKG:9993) agreed to receive property management services from Radiance Smart Holdings, according to a Wednesday Hong Kong bourse filing.
Shares of the real estate company rose nearly 6% in Thursday afternoon trading.
The move came as a previous property management services agreement with Radiance Lifestyle Holdings expired Dec. 31, 2025.
Due to an internal restructuring, Radiance Smart took the place of Radiance Lifestyle as the service provider.
The agreement will run from Jan. 1, 2026, to Dec. 31, 2028.
Radiance Smart Holdings is wholly-owned by Radiance Group Holdings, which is owned by two controlling shareholders of Radiance Holdings, Lam Ting Keung and his spouse, Lam Fung Ying.