Wang On Group Unit Renews Hong Kong's Tin Shui Wai Market Lease

MT Newswires Live

Sep 25

Wang On Group (HKG:1222) unit Wang On Majorluck renewed a three-year tenancy agreement with the Hong Kong Housing Authority for a market and shop in Tin Shui Wai for a total rent of HK$25.9 million.

The lease covers the Single Operator Market and Shop 2 on the ground floor of Tin Yan Shopping Centre, Tin Yan Estate, from Oct. 1, 2026, to Sept. 30, 2029, according to a Friday Hong Kong bourse filing.

Monthly rent is HK$720,000, excluding rates and air-conditioning charges, which will be paid using the group's internal resources.

The existing tenancy agreement expires on Sept. 30, according to the disclosure.

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