Medinet Group leases Hong Kong office, books HK$3.5 million right-of-use asset

PUBT·04/17/2026 09:17:55

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MediNet Group indirect unit Well Being Dental entered tenancy agreement to lease commercial premises at World Trade Centre in Causeway Bay.
Lease runs 3 years from May 1, 2026 to April 30, 2029 at monthly rent of HK$107,954.
Transaction implies recognition of right-of-use asset of about HK$3.5 million under HKFRS 16.
Classification falls under discloseable transaction rules, based on percentage 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. Medinet Group 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-20260417-12110108), on April 17, 2026, and is solely responsible for the information contained therein.

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