Design Capital Announces S$1.9 Million Lease Renewal Asset Acquisition
Reuters
Nov 27
Design Capital Announces S$1.9 Million Lease Renewal Asset Acquisition
Design Capital Ltd. announced that its indirect subsidiary, Marquis Furniture Gallery Pte Ltd, has entered into a lease renewal agreement for units at 328 North Bridge Road, Singapore. The right-of-use asset value recognized for this transaction is approximately S$1.9 million (about HK$11.4 million). The transaction qualifies as a discloseable transaction under Hong Kong Listing Rules and is subject to reporting and announcement requirements.
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