International Housewares Retail (HKG:1373) renewed its tenancy agreement with its chairman and controlling shareholder Ngai Lai Ha for the lease of certain premises for the company's retail shops, warehouses, and office spaces, a Wednesday Hong Kong bourse filing said.
The tenancy agreement has been extended to three more years to April 30, 2028.
The new annual cap is estimated at HK$39.3 million for each of the three years of the lease.
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