Common Contracts
1 similar Framework Lease Agreement contracts
CONTINUING CONNECTED TRANSACTIONS FRAMEWORK LEASE AGREEMENTFramework Lease Agreement • November 15th, 2024
The Subsidiary Lessees have been leasing various properties in Phoenix Centre from Phoenix Oriental (as Lessor) in the past few years. As the existing leases under the framework lease agreement entered into on 17 November 2023 between the Lessor and Phoenix Metropolis Communication (in its own capacity as a Subsidiary Lessee and for and on behalf of all other Subsidiary Lessees) will expire by 31 December 2024, and the Group intends to renew certain existing leases and/or to enter into new leases for 2025, Phoenix Metropolis Communication (in its own capacity as a Subsidiary Lessee and for and on behalf of all other Subsidiary Lessees) entered into a new Framework Lease Agreement on 15 November 2024 with the Lessor for a term of one year from 1 January 2025 to 31 December 2025.
