JiaHua Stores Holdings Limited (HK:0602) has released an update.
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JiaHua Stores Holdings Limited has announced the early termination of a lease agreement due to underperformance of its retail store, which has been incurring continuous monthly losses. A new tenant has been secured to take over the premises, and the original rent-free period has been extended until February 2025. The company will receive a refund of the rental deposit, and both parties have agreed to release each other from liabilities resulting from the early termination.
For further insights into HK:0602 stock, check out TipRanks’ Stock Analysis page.
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