BetterLife Holding Ltd. Announces Property Lease Agreement with Tianjin Guomao
Reuters
Sep 26
BetterLife Holding Ltd. Announces Property Lease Agreement with Tianjin Guomao
BetterLife Holding Ltd. announced that its indirect wholly-owned subsidiary, BetterLife Tianjin, has entered into a property lease agreement with Tianjin Guomao on 26 September 2025. Under the agreement, BetterLife Tianjin will lease certain properties from Tianjin Guomao. The transaction constitutes a connected transaction under Hong Kong Stock Exchange Listing Rules, as Tianjin Guomao is considered a connected person due to its ownership structure involving Mr. Chou, an executive Director and Controlling Shareholder of BetterLife Holding Ltd. The agreement was approved by the Board, with Mr. Chou abstaining from voting due to his interest in the transaction. The terms of the lease were determined to be fair and reasonable and are in line with normal commercial practices. The transaction is subject to reporting and announcement requirements but does not require independent shareholders' approval.
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. BetterLife Holding Ltd. published the original content used to generate this news brief on September 26, 2025, and is solely responsible for the information contained therein.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.