Kanger inks lease deals in China

The initial rental income per year for both commercial buildings will amount to RM11.1mil, subject to scheduled rent increases, the company said in a statement

PETALING JAYA: ACE Market-listed Kanger International Bhd has signed 10-year lease agreements for two of its commercial buildings in Ganzhou City in China.

The initial rental income per year for both commercial buildings will amount to RM11.1mil, subject to scheduled rent increases, the company said in a statement.