Northeast Electric Development Co. Ltd. announced it has entered into a fourth supplementary agreement with Dalian Changjiang Plaza Co., Ltd. for the lease of property located at No. 123, Changjiang Road, Zhongshan District, Dalian. The leased premises cover an area of 39,365.29 square metres and the transaction constitutes an acquisition of assets by Northeast Electric’s group. The agreement is classified as a connected transaction under Hong Kong listing rules.
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