Veson Holdings Renews Major Lease with Scud Stock

Veson Holdings Limited (HK:1399) has released an update.

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Veson Holdings Limited has renewed its lease agreement with Scud Stock for premises in Fuzhou, China, at an annual rental of approximately RMB10 million. The lease, effective from January 1, 2025, to December 31, 2025, involves a rental area of around 49,445 square meters. This transaction is categorized as a continuing connected transaction under Hong Kong’s listing rules.

For further insights into HK:1399 stock, check out TipRanks’ Stock Analysis page.

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