New Times Energy Arm Rents Offices in Hong Kong

MT Newswires Live05-24

New Times Energy (HKG:0166) arm Jumbo Hope Group agreed to lease two offices in Hong Kong from New World Tower for three years through September 2027, according to a Thursday filing with the Hong Kong bourse.

Jumbo Hope will pay monthly rents of HK$72,298 and HK$90,650 for the 977-square-foot and 1,225-square-foot premises, respectively.

The tenant is an investment holding firm engaged in the exploration, production, and sale of oil and gas. The landlord is owned by realtor New World Development (HKG:0017), the filing said.

Price (HKD): $0.08, Change: $-0.01, Percent Change: -6.90%

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap
Leave a comment