Pacific Bar (08432) Subsidiary Leasing Hong Kong Property

date
20/11/2025
Jichu Finance APP News, Pacific Bar (08432) announced that on November 18, 2025, Pacific Bar (Branch Twenty-One) International Limited Company (a subsidiary company, as the tenant) entered into a lease agreement with the landlord Jade Land Resources for the property, with a fixed term of two years from January 1, 2025 to December 31, 2026 (including the first and last days) for a total of two years. The rent is a basic monthly rent of HK$86,000 plus additional rent based on the turnover of the tenant's business at the premises, calculated at 13% of the total monthly revenue and exceeding the portion of the basic monthly rent.