Scorching Dragon offers to license AEON Lai Chi Kok shop; right-of-use asset rises to HKD 2.2 million

Reuters03-26

Scorching Dragon offers to license AEON Lai Chi Kok shop; right-of-use asset rises to HKD 2.2 million

Scorching Dragon’s indirect subsidiary TF F&B entered into a letter of offer with AEON for a two-year licence of Shop No. L004 at AEON Lai Chi Kok Store starting April 1, 2026.
The licence includes a basic fee of HKD 100,000 per month, with a 45-day fee-free period from April 1, 2026 to May 15, 2026.
Additional charges include a management fee of HKD 30,180 per month and a promotional levy of HKD 14,820 per month.
A cash deposit of HKD 600,000 is payable, and a turnover fee of 9% applies to monthly gross receipts above HKD 1,500,000.
The right-of-use asset to be recognized under HKFRS 16 was estimated at about HKD 2.2 million.

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. Scorching Dragon 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-20260326-12070240), on March 26, 2026, and is solely responsible for the information contained therein.

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right-of-use asset rises to HKD 2.2 million\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1032215980\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2026-03-26 21:39</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html xmlns=\"http://www.w3.org/1999/xhtml\" xmlns:newsg2=\"http://iptc.org/std/nar/2006-10-01/\" xmlns:xhtml=\"http://www.w3.org/1999/xhtml\"><head><title>\n      Scorching Dragon offers to license AEON Lai Chi Kok shop; right-of-use asset rises to HKD 2.2 million\n    </title></head><body><div xmlns:xsd=\"http://www.w3.org/2001/XMLSchema\" xmlns:xsi=\"http://www.w3.org/2001/XMLSchema-instance\">\n<ul>\n<li>\n          Scorching Dragon’s indirect subsidiary TF F&amp;B entered into a letter of offer with AEON for a two-year licence of Shop No. L004 at AEON Lai Chi Kok Store starting April 1, 2026.\n        </li>\n<li>\n          The licence includes a basic fee of HKD 100,000 per month, with a 45-day fee-free period from April 1, 2026 to May 15, 2026.\n        </li>\n<li>\n          Additional charges include a management fee of HKD 30,180 per month and a promotional levy of HKD 14,820 per month.\n        </li>\n<li>\n          A cash deposit of HKD 600,000 is payable, and a turnover fee of 9% applies to monthly gross receipts above HKD 1,500,000.\n        </li>\n<li>\n          The right-of-use asset to be recognized under HKFRS 16 was estimated at about HKD 2.2 million.\n        </li>\n</ul>\n<br/>\n<br/>\n</div><div xmlns:xsd=\"http://www.w3.org/2001/XMLSchema\" xmlns:xsi=\"http://www.w3.org/2001/XMLSchema-instance\">\n<p>\n<i>Disclaimer: <span>This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. 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