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Hong Kong parent company of closed Apple Daily newspaper to quit HQ over subletting allegations
- Next Digital has issued a surrender notice with respect to its office space in the Tseung Kwan O Industrial Estate
- The media group, which is owned by jailed tycoon Jimmy Lai, filed a notice with Hong Kong Exchanges and Clearing on Monday
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Hong Kong media group Next Digital is to vacate its headquarters in the Tseung Kwan O Industrial Estate, amid allegations the group had improperly sublet some space.
In a notice filed to Hong Kong Exchanges and Clearing on Monday, Next Digital, which is owned by jailed tycoon Jimmy Lai Chee-ying and was the parent company of the Apple Daily newspaper, said it had issued a notice to Hong Kong Science and Technology Parks Corporation to offer to surrender the lease in respect of the former headquarters of the group and its subsidiaries.
The media group also said the notice was issued “without admission of any alleged violations of lease conditions”.
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It also asked the corporation to indicate by September 17 whether it would accept the surrender notice. “And if so accepted, the lessor and lessee may enter into negotiation on the consideration payable under the lease,” Next Digital said.
06:28
Hong Kong tabloid Apple Daily ceases operations after top executives arrested, assets frozen
Hong Kong tabloid Apple Daily ceases operations after top executives arrested, assets frozen
The Post has contacted the government-backed corporation, which runs the industrial estate, for comment.
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