Kiddieland International (3830) Renews Tenancy Agreement for Hong Kong Office

Bulletin Express

Nov 04, 2025

On 3 November 2025, Kiddieland International Limited’s wholly owned subsidiary entered into a Renewal Tenancy Agreement with Top Dragon Enterprise Investment Limited for a one-year lease. The office premises are a portion of the 14th Floor, Bank of America Tower in Central, Hong Kong, covering approximately 4,205 square feet. Monthly rent is HK$120,000, payable in advance, with no deposit required, and Kiddieland Toys retains the option to renew for a further year.

Top Dragon, which is owned equally by two executive directors of Kiddieland International Limited, is regarded as a connected person under Hong Kong listing rules. As the applicable percentage ratios for the aggregate annual rental exceed 0.1% but remain below 5%, the transaction qualifies as a continuing connected transaction subject to announcement, reporting, and annual review obligations without requiring independent shareholders’ approval.

The annual cap for each six-month period ending 30 April 2026 and 31 October 2026 is set at HK$720,000, reflecting the monthly rental amount. Kiddieland International Limited notes that continuing the lease is necessary for its office operations. The group’s principal activities involve the manufacturing and sale of plastic toy products and laboratory equipment, while the landlord engages in investment and property holding.

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