Regina Miracle International (HKG:2199) has renewed leases for three properties in Guangdong, China, controlled by its indirect subsidiaries, according to a bourse filing on Thursday.
The apparel manufacturer said it expects to pay nearly 703,000 yuan per month in rent on the properties, which include an apartment complex and two factory spaces meant for housing employees and ramping up production.
RM Technology and RM Investment, which company CEO Hung Yau Lit controls, are acting as the landlord for the properties.