Citistore and HREAL
The Group (by HREAL as agent) entered into a renewal offer letter A (the "Renewal Offer Letter A") with Citistore as tenant in respect of the leasing of Shop Nos. G01, Portion of G31, G35-G50, Portion of G51, Portion of G52, G63-G74 and corridors and atrium on Ground Floor, MHP ("Premises 1") and Bridge
area on Level 1, MHP ("Premises 2") for a term of one year commencing from 1 July 2017 to 30 June 2018.
The Group (by HREAL as agent) also entered into a renewal offer letter B (the "Renewal Offer Letter B") with Citistore as tenant in respect of the leasing of Shop Nos. 127-161 and corridors and toilets on Level 1, MHP ("Premises 3") for a term of three years commencing from 1 July 2017 to 30 June 2020.
The aggregate rentals, management fees, air-conditioning charges, promotional levy and other miscellaneous charges (exclusive of Government rates) under the Renewal Offer Letter A and the Renewal Offer Letter B, subject to annual ceiling of HK$7,500,000 for the period from 1 July 2017 to 31 December
2017.
HREAL
Details of the Renewal Offer Letter A and the Renewal Offer
Letter B were set out in the announcement of the Company
dated 23 June 2017.
TCS Project Management Agreement between Jet Legend Limited ("JLL"), a wholly-owned subsidiary of the Company and
HREAL for the appointment of HREAL as the project manager, for the development of 208 Tung Chau Street, Sham Shui Po, Kowloon, Hong Kong (the "TCS Property") for a term of three years commencing from 2 November 2015 to 31 December
2018.
The aggregate remuneration for the services to be provided by HREAL shall be subject to a total annual ceiling of HK$1,600,000 for the year ended 31 December 2017.
Details of the TCS Project Management Agreement were set out in the announcement of the Company dated 30 October 2015.
Hong Kong Ferry (Holdings) Company Limited Annual Report 2017