Superland Group Derecognises HK$4.39 Million Right-of-Use Asset in Lease Amendment

Reuters

Nov 21, 2025

Superland Group Derecognises HK$4.39 Million Right-of-Use Asset in Lease Amendment

Superland Group Holdings Ltd. has announced the signing of a supplemental deed relating to a lease agreement for the entire eighteenth floor of Chevalier Commercial Centre at No.8 Wang Hoi Road, Kowloon Bay, Hong Kong. The lease is between Success Base Engineering Limited, as lessee, and Spring Yield Investments Limited, as lessor. The supplemental deed will result in the Group derecognising a right-of-use asset amounting to approximately HK$4.39 million in its consolidated financial statements. The transaction does not constitute a notifiable transaction under Chapter 14 of the Hong Kong Stock Exchange Listing Rules. All other terms of the original agreement remain unchanged.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Superland Group Holdings Ltd. published the original content used to generate this news brief on November 21, 2025, and is solely responsible for the information contained therein.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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