BAR PACIFIC (08432) has announced that the tenant, an indirectly 96%-owned subsidiary of the company, is currently in negotiations to renew the lease for a property located at Shop B, 3/F, Far East Bank Building, 11 Nelson Street, Mong Kok, Kowloon. The purpose is to continue operating its bar business after the current lease expires on March 7, 2026. As of the date of this announcement, the discussions are still in a preliminary stage. Final terms, including but not limited to the monthly rent and the duration of the new lease, have not been finalized or agreed upon between the tenant and the property owner. Should a legally binding agreement be reached for this potential transaction, it may constitute a discloseable transaction for the company under Chapter 19 of the GEM Listing Rules.