Summary by Moomoo AI
Dai Fast Life Group (Stock Code: 52) announced on 9 April 2024 that it has entered into a new lease agreement with its indirect wholly-owned subsidiary Dai Fast Life and related parties to renew the lease of some of its retail units at Ming Fung Building, Wan Chai, Hong Kong. The new lease agreement is for three years, from April 10, 2024 to April 9, 2027, with the option to renew the lease for three years. The transaction is considered to be a connected transaction as Xinjet is a contact of Mr. Lo Kaiyang, the Company's Executive Chairman and Major Shareholder, and Mr. Lo Fai-cheng, Executive Director and Chief Executive Officer. The estimated value of the right-of-use assets involved in the new...Show More