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[Wuhan Pneumonia] MTR Continues Rent Adjustment Program for Small Merchants Assisting Shopping Malls

2020-02-12T08:50:05.554Z


According to MTR (0066), the recent outbreak of a new coronavirus has put pressure on business in various industries in Hong Kong, and the MTR business is no exception. Because of this, the group realized the operating difficulties faced by its merchants, which lasted for the last year


Financial news

Written by: Zhai Ziqian

2020-02-12 16:41

Last updated: 2020-02-12 16:42

According to MTR (0066), the recent outbreak of a new coronavirus has put pressure on business in various industries in Hong Kong, and the MTR business is no exception. Because of this, the Group realized the operating difficulties faced by its merchants and continued the rent adjustment plan in the second half of last year.

According to MTR, although the impact of the epidemic on the operating environment only began to emerge at the end of last month, in order to ease the urgent business pressure on small businesses as soon as possible, the Group immediately launched assistance measures for small businesses in MTR malls, continuing the response to society in the second half of last year Events and implementation of rent adjustment programs. As for other chain and multinational group merchants, due to different business nature, the scale and degree of impact are different. MTR is collecting sales data for the first two months of this year and will launch a rescue plan as soon as possible.

MTR rent

Source: hk1

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