Yuk Wing Group Holdings Ltd. has entered into a tenancy agreement for commercial premises, recognizing a right-of-use asset valued at approximately HK$11.8 million at initial recognition. The monthly rent for the premises is around HK$1.0 million, exclusive of rates, government rent, and management fees, with the total consideration payable over the lease term amounting to about HK$11.8 million. The agreement was negotiated on normal commercial terms, with the rent determined by reference to prevailing market rates for comparable properties. The landlord of the premises is ultimately wholly-owned by Mrs. Chu Yuet Wah, who is independent of the company and its connected persons.
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. Yuk Wing Group Holdings Ltd. published the original content used to generate this news brief via IIS, the Issuer Information Service operated by the Hong Kong Stock Exchange (HKex) (Ref. ID: HKEX-EPS-20260128-12003963), on January 28, 2026, and is solely responsible for the information contained therein.