Summary by Futu AI
DAI EXPRESS GROUP LIMITED ANNOUNCED ON 29 FEBRUARY 2024 THAT ITS WHOLLY OWNED SUBSIDIARY, DAI EXPRESS AND CELEBRATE, HAVE ENTERED INTO A NEW LEASE AGREEMENT FOR PART OF THE PROPERTY ON 1/F OF THE MORNING KWONG BUILDING, 7-9 CORNING ROAD, KWUN TONG, KOWLOON, HONG KONG. The lease is for three years, from March 1, 2024 to February 28, 2027. The monthly rent for the new lease agreement is HK$180,000 and is prepaid in cash on the first day of each month. In addition, Rapid Life paid HK$540,000 as a deposit when the new lease agreement was signed, equivalent to three months' rent. Mr Lo Kaiyang is a contact of Mr Lo Kaiyang, the Company's Executive Chairman and Principal Shareholder, as such the transaction constitutes a connected...Show More