STAR GROUP ASIA sold shared workspace property for HKD 48.37 million and expects a loss of HKD 56.63 million
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STAR GROUP ASIA sold the 20th floor property of Silver Fortune Plaza for HKD 48.367 million and will lease it back, expecting a loss of HKD 56.633 million. The property has a construction area of approximately 4,397 square feet and is currently used as a shared workspace, with a lease term of two years, a monthly rent of HKD 185,000, and a rent per square foot of HKD 42.07. The lease confirms the right-of-use asset and lease liability of approximately HKD 4.095 million
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