Emperor Watch & Jewellery Unit to Lease Hong Kong Shop for Five Years

MT Newswires Live

2024/09/24

Emperor Watch & Jewellery (HKG:0887) unit Emperor Watch & Jewellery (HK) entered into an offer letter to lease a retail shop in Hong Kong owned by Shanghai Commercial Bank for five years for at least HK$91.2 million, a Tuesday bourse filing said.

The term of the tenancy will begin March 3, 2025, and end March 2, 2030, the watch and jewelry retailer said.

Shares of the company closed over 3% higher on Tuesday.

Price (HKD): $0.17, Change: $+0.0050, Percent Change: +3.13%

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