Fairwood Holdings subsidiary intends to acquire Hong Kong property for HKD 62.88 million.
Fairwood Hold (00052) announces that on June 29, 2024, the buyer (an indirectly wholly-owned subsidiary of the company called Fairwood Fast Food Limited) intends to purchase the property from the seller (Mama Wood Group Co., Ltd.) for HKD 62.88 million. The property refers to shops 757-764, G/F, Choi Yee Garden, 242 Choi Hung Road, Kowloon, Hong Kong, China.
Fairwood Holdings (00052.HK) plans to acquire a Kowloon shopping center for HKD 62.88 million.
Fairwood Holdings (00052.HK) announced on July 1st that on June 29, 2024, the buyer (an indirectly wholly-owned subsidiary of the company) and the seller concluded a preliminary agreement. Accordingly, the buyer agreed to purchase and the seller agreed to sell the property for HKD 62.88 million. The property is located at Shops 757, 758, 759, 760, 761, 762, 763 and 764, G/F, Chi Yip House, No. 242 Choi Hung Road, Kowloon, Hong Kong. It is a non-residential property with a total floor area of approximately 3,588 square feet. Since 2015, the buyer has been operating a fast food restaurant in the property. Through.
Express News | Fairwood Holdings Ltd - Deal for HK$62.9 Mln
Express News | Fairwood Holdings Ltd - Acquisition of Property
Fairwood Forecasts 13% Profit Growth in Fiscal 2024
Fairwood Holdings (HKG:0052) reported a profit attributable to the owners of HK$50.7 million for the year ended March 31, 12.9% up from a profit of HK$44.9 million in the previous year, according to a
Fairwood Hold (00052) will distribute a final dividend of HKD 0.3 per share on October 3.
Fairwood Holdings (00052) has announced that it will distribute a final dividend of HKD 0 per share on October 3, 2024.
Fairwood Hold (00052.HK): Annual revenue increased to HKD 3.137 billion, recommended to distribute final dividend of 30 Hong Kong cents per share.
Fairwood Hold (00052.HK) announced that its revenue for the fiscal year ended March 31, 2024 was HKD 3.1369 billion, an increase of 3.7% year-on-year. The company's equity shareholders attributed a surplus of HKD 50.657 million for the year, an increase of 12.9% year-on-year, and the basic earnings per share was HKD 0.3910. It is recommended to distribute a final dividend of HKD 0.30 per share, with a total annual dividend payout of HKD 0.41 per share and a dividend payout ratio of approximately 105%. The Group maintains a sound financial position with bank deposits, cash, and cash equivalents held as of March 31, 2024.
Express News | Fairwood Holdings FY Net Income Attributable HKD 50.7 Million
Express News | Fairwood Holdings Ltd - Final Dividend of HK30.0 Cents per Share Was Proposed
Express News | Fairwood Holdings FY Gross Margin 8.6%
Express News | Fairwood Holdings FY Adjusted Net Income HKD 49.3 Million
Express News | Fairwood Holdings FY Revenue HKD 3,136.9 Million
FAIRWOOD HOLD: Annual Results Announcement for the year ended 31 March 2024
Fairwood Hold (00052.HK) is planning to hold a board of directors meeting on June 28 to approve annual performance.
Fairwood Hold (00052.HK) announced that the board of directors will hold a meeting on Friday, June 28, 2024, at the 2/F, AIA Tower, 18 Tai Tong Road, North Point, Hong Kong, to consider and approve the annual performance of the company and its subsidiaries for the year ending March 31, 2024, and to consider the proposed final dividend (if any).
China Likely Needs More Policy Support to Boost Consumption
0606 GMT - China likely needs to roll out more policy support to boost domestic consumption, HSBC Global Research economists write in a note after the latest batch of inflation data. The May print was
Fairwood Holdings Unit Renews Tenancy Agreement for Shops for Three Years
Fairwood Holdings (HKG:0052) unit Fairwod renewed the tenancy agreement for premises in Hong Kong for three years with the landlord, New Champion, for a monthly rent of HK$178,200 per month, according
Daikaihuo Group's subsidiary renews lease of property in Ming Fung Building, Wan Chai, Hong Kong
Grand Happy Group (00052) issued an announcement. On April 9, 2024, the company's indirect wholly-owned subsidiary, Da Happy, was the tenant and signed a new lease agreement with the lessor Xinjie to renew the lease of the property. The lease period is 3 years from April 10, 2024 to April 9, 2027 (including the first and last two days), and Darejoy can renew the lease for another 3 years. The rent is HK$178,200 per month. According to reports, the property is located in the underground part of the store unit of Ming Fung Building, 140 Wan Chai Road, Wan Chai, Hong Kong, China, and part A on the 1st floor of Ming Fung Building, 136 Wan Chai Road.
Happy Life Group (00052) subsidiary renews lease of property in Ming Fung Building, Wan Chai, Hong Kong
Daikuhuo Group (00052) issued an announcement. On April 9, 2024, the company's indirect wholly-owned subsidiary, Daquai...
Happy Group (00052.HK) signs a new lease agreement with Xinjie
Gelonghui, April 9, 丨 Grand Happy Group (00052.HK) announced that on April 9, 2024, Daquaihuo, an indirect wholly-owned subsidiary of the company, was the tenant and signed a new lease agreement with the lessor Xinjie to renew the lease of the property. The lease period is three (3) years from April 10, 2024 to April 9, 2027 (including the first and last two days), and Darejoy can be renewed for another 3 years.
Happy Life Group (00052.HK) signs new lease agreement
On February 29, Ge Longhui Group (00052.HK) issued an announcement. On February 29, 2024, Daquaihuo, an indirect wholly-owned subsidiary of the company, was the tenant and signed a new lease agreement with the lessor Qingli to renew the lease of the property. The lease period is three (3) years. This property: Part 1 of Morning Light Building, 7-9 Hong Ning Road, Kwun Tong, Kowloon, Hong Kong.
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