TSE SUI LUEN(00417.HK): Renews Lease in Macau's Core Business District, Paying HK$704,500 Monthly for Three-Year Term
TSE SUI LUEN announced that its subsidiary TSL Jewellery Retail (Macau) Limited has renewed the lease for a property in Macau with the landlord. The lease covers a shop on the 3rd floor of The Venetian Macao Resort Hotel Shopping Mall, with a three-year term (from February 1, 2026 to January 31, 2029) and a monthly rent of HK$704,500.
NewTimeSpace News: TSE SUI LUEN (00417.HK) announced the details of the lease renewal transaction for its Macau subsidiary's property on January 9, 2026. According to the announcement, the lessee of this renewal is TSL Jewellery Retail (Macau) Limited, an indirectly wholly-owned subsidiary of the company, and the landlord is Venetian Cotai Limited, a wholly-owned subsidiary of Sands China Limited (01928.HK). The agreement stipulates a monthly rent of HK$704,500 and a three-year term from February 1, 2026 to January 31, 2029.
The board of directors of TSE SUI LUEN stated that the property is located in a prime location in Macau, and renewing the lease for the same location is conducive to the stable and sustainable development of the group's retail business in Macau.
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