-+ 0.00%
-+ 0.00%
-+ 0.00%
Modern Healthcare Technology leases Hong Kong, Singapore premises, recognizes HK$ 14.5 million right-of-use assets
Share
Listen to the news
Modern Healthcare Technology leases Hong Kong, Singapore premises, recognizes HK$ 14.5 million right-of-use assets
  • Modern Healthcare Technology disclosed four lease agreements signed in FY ended March 31, 2026, triggering right-of-use asset acquisitions under HKFRS 16.
  • Two Hong Kong leases created right-of-use assets valued at HK$ 5.72 million and HK$ 4.86 million, based on present value of base rent.
  • Two Singapore leases with the same landlord were aggregated, creating right-of-use assets valued at SGD 156,111 and SGD 505,124.
  • Transactions were discloseable under Hong Kong listing rules, with percentage ratios above 5% but below 25%.
  • Company flagged delayed disclosure due to oversight, with enhanced compliance procedures and training targeted for completion by Dec. 31, 2026.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Modern Healthcare Technology Holdings Limited published the original content used to generate this news brief via IIS, the regulatory disclosure system operated by the Hong Kong Stock Exchange (HKex) (Ref. ID: HKEX-EPS-20260828-12307180), on August 28, 2026, and is solely responsible for the information contained therein.

Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.
What's Trending