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Kontafarma China renews Singapore fitness center lease, books S$8.73 million right-of-use asset

PUBT·07/27/2026 13:51:31
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Kontafarma China renews Singapore fitness center lease, books S$8.73 million right-of-use asset
  • Kontafarma China renewed a Singapore lease for an existing fitness and yoga centre, treated as an asset acquisition under HKFRS 16.
  • Three-year term runs Oct. 1, 2026 to Sept. 30, 2029 at S$ 255,961.35 a month; deposit set at S$ 767,884.05.
  • Right-of-use asset value estimated at S$ 8.73 million, triggering a major transaction classification under Hong Kong listing rules.
  • Written shareholder approval will be obtained from Waranty Assets Management (HK), which holds about 56.77% of issued shares.


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. Kontafarma China Holdings Ltd. published the original content used to generate this news brief via IIS, the regulatory disclosure system operated by the Hong Kong Stock Exchange (HKex) (Ref. ID: HKEX-EPS-20260727-12258036), on July 27, 2026, and is solely responsible for the information contained therein.