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Classified Group Announces Major Asset Acquisition Under New Tenancy Agreement

Reuters2025-12-23

Classified Group Announces Major Asset Acquisition Under New Tenancy Agreement

Classified Group (Holdings) Ltd. has announced a major asset transaction involving a tenancy agreement. Under Hong Kong Financial Reporting Standard 16, the Group will recognize right-of-use assets related to the leased premises. As the value of these assets exceeds 25% but is less than 100% of the applicable percentage ratios, the transaction qualifies as a major transaction under the GEM Listing Rules and is subject to shareholder approval. A circular with further details will be sent to shareholders on or before 16 January 2026.

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. Classified Group (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-20251223-11965823), on December 23, 2025, and is solely responsible for the information contained therein.

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.

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As the value of these assets exceeds 25% but is less than 100% of the applicable percentage ratios, the transaction qualifies as a major transaction under the GEM Listing Rules and is subject to shareholder approval. A circular with further details will be sent to shareholders on or before 16 January 2026.\n      \n\n\nDisclaimer: 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. Classified Group (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. 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