CLASSIFIED GP (08232) Subsidiary to Lease Shop 115 at Yau Tong's Grand Plaza for Restaurant Operation

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CLASSIFIED GP (08232) Subsidiary to Lease Shop 115 at Yau Tong's Grand Plaza for Restaurant Operation

Stock News2025-12-23

CLASSIFIED GP (08232) announced that on December 23, 2025, its indirect wholly-owned subsidiary, Yimu Investment (3) Limited, entered into a lease agreement with the landlord, the Hong Kong Housing Authority, for the property (Shop 115, 1/F, Grand Plaza, Yau Tong). The lease term is fixed for six years, from December 23, 2025, to December 22, 2031 (both dates inclusive), to operate one of the Group's restaurants. The Group primarily engages in restaurant operations in Hong Kong. Yimu Investment (3) Limited, as the indirect wholly-owned subsidiary, focuses on restaurant operations in the region. The Board believes that signing the lease agreement presents a significant opportunity for the Group to expand its restaurant network, aligning with its overall business development strategy.

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