Archosaur Games Announces Renewal of Property Lease Agreement in Discloseable Transaction

Reuters
Sep 25
<a href="https://laohu8.com/S/09990">Archosaur Games</a> Announces Renewal of Property Lease Agreement in Discloseable Transaction

**Archosaur Games Inc. Announces Lease Renewal as Discloseable Asset Transaction** Archosaur Games Inc. announced the renewal of a property lease agreement for its office use, constituting a discloseable asset transaction under Hong Kong Listing Rules. The renewed lease, entered into by a subsidiary, triggered disclosure requirements as the value of the right-of-use asset exceeds 5% but is less than 25% of the relevant ratio. No shareholder approval is required for this transaction. The company stated the delay in disclosure was due to prolonged negotiations and late finalization of terms.

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