---
title: "Daido Group Enters Lease Agreement with Union Ocean"
description: "Daido Group Limited (HK:0544) has announced a two-year lease agreement with Union Ocean through its subsidiary DSL. This transaction is classified as a discloseable transaction under the Listing Rules"
type: "news"
locale: "en"
url: "https://longbridge.com/en/news/262911344.md"
published_at: "2025-10-27T13:09:30.000Z"
---

# Daido Group Enters Lease Agreement with Union Ocean

> Daido Group Limited (HK:0544) has announced a two-year lease agreement with Union Ocean through its subsidiary DSL. This transaction is classified as a discloseable transaction under the Listing Rules, necessitating recognition of right-of-use assets in financial statements. The latest analyst rating for HK:0544 is a Hold with a price target of HK$2.00. Daido Group's current market cap is HK$68.23M, with an average trading volume of 215,426.

Daido Group Limited ( (HK:0544) ) has shared an announcement.

Daido Group Limited, through its indirect wholly-owned subsidiary DSL, has entered into a provisional agreement with Union Ocean for a two-year lease of premises in Hong Kong. This transaction, classified as a discloseable transaction under the Listing Rules, involves recognizing the right-of-use assets in the company’s financial statements and requires notification and announcement due to its size relative to the company’s financial metrics.

The most recent analyst rating on (HK:0544) stock is a Hold with a HK$2.00 price target. To see the full list of analyst forecasts on Daido Group Limited stock, see the HK:0544 Stock Forecast page.

**More about Daido Group Limited**

**Average Trading Volume:** 215,426

**Technical Sentiment Signal:** Buy

**Current Market Cap:** HK$68.23M

For an in-depth examination of 0544 stock, go to TipRanks’ Overview page.

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> **Disclaimer**: This article is for reference only and does not constitute any investment advice.