Scorching Dragon unit leases Hong Kong premises, books HK$2.25 million right-of-use asset

PUBT·04/16/2026 12:55:48

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Scorching Dragon Holdings entered an offer to rent premises on 23rd floor of Grand Place, 560 Nathan Road, Kowloon for a new Chinese restaurant.
Lease term runs from May 1, 2026 to April 30, 2028.
Monthly rent set at HK$100,000, excluding management fees and government charges.
Company expects to recognize right-of-use asset of about HK$2.25 million under HKFRS 16.
Transaction classified as a discloseable transaction under GEM Listing Rules, with applicable ratios above 5% but below 25%.

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-20260416-12108969), on April 16, 2026, and is solely responsible for the information contained therein.

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