Classified GP Subsidiary Enters into Lease Agreement for Hong Kong Retail Space

Stock News

Jul 09

CLASSIFIED GP (08232) has announced that on July 9, 2026, its tenant, Classified Investments (Four Seasons 4) Limited, a wholly-owned indirect subsidiary of the company, entered into a lease agreement with the landlord, the Hong Kong Housing Authority, for the property. The property in question is Shop No. 103 on the 1st floor of the Ching Tao Shopping Centre, Ching Tao Court, in the New Territories, Hong Kong.

The lease is for a fixed term of six years, from July 9, 2026 to July 8, 2032, inclusive. The premises will be used to operate one of the group's restaurants. The group's primary business is the operation of restaurants in Hong Kong. Classified Investments (Four Seasons 4) Limited, as the company's indirect wholly-owned subsidiary, focuses on restaurant operations in the region.

The board of directors believes that entering into this lease agreement presents a significant opportunity for the group to expand its restaurant network, which aligns with its overall business development strategy.

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