Zhitong Finance App News, New Era Energy (00166) issued an announcement. Mingxie (the company's wholly-owned subsidiary) and the lessor (as the owner) signed a letter of intent for leasing property A on May 23, 2024. The lease period starts on October 1, 2024 and expires on September 30, 2027 (including the first and last two days); and Mingxie (as the tenant) and the lessor (as the owner) signed a letter of intent B for leasing property B on May 23, 2024. (Including the first and last two days) Expires.
Property A is located at Room 1402, 14th Floor, New World Tower I, 16-18 Queen's Road Central, Hong Kong, China. Property B is located in Room 1403, 14th Floor, New World Tower I, 16-18 Queen's Road Central, Hong Kong, China.
In view of competitive rents and the fact that the property is close to its direct parent company and is not far from existing office properties close to such rental properties, the company believes that it is in the company's interest to enter into a letter of intent to lease. The company will also properly consider current market rents, potential relocation costs and anticipated future business requirements for the same building and nearby comparable properties.