CASH Secures Renewal Offer Letter for Premises Lease in Discloseable Transaction

Reuters
Jul 30
CASH Secures Renewal Offer Letter for Premises Lease in Discloseable Transaction

Celestial Asia Securities Holdings Limited $(CASH)$ has announced the acceptance and signing of a Renewal Offer Letter for the tenancy of its premises. The agreement has been made between CASH and MegaBox Development Company Limited, acting as the landlord. This lease transaction, which is considered an acquisition of asset under the Hong Kong Stock Exchange Listing Rules, is classified as a discloseable transaction due to its percentage ratios. These ratios exceed 5% but are less than 25%, necessitating reporting and announcement under Chapter 14 of the Listing Rules. The tenancy renewal reinforces CASH's operational base in Hong Kong, where it engages in various businesses, including retail management and investment management services.

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