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Kam Hing International Unit to Dispose Of Property Holding Wing
Kam Hing International Holdings (HKG:2307) unit Kam Hing Piece Works has agreed to sell Vietnam-based unit Great Market Global Viet Nam to Jasan Global for around $10.3 million, a Thursday bourse
Kam Hing Int'l intends to sell a Vietnam plot for 10.276 million US dollars.
On July 18, 2024, Kam Hing Int'l Holdings (02307) announced that its indirect wholly-owned subsidiary, Kam Hing Textiles Limited, intends to sell all the equity interests in Great Market Global Viet Nam Company Limited to Jasan Global Pte. Ltd. for a consideration of USD 10.276 million. The group is expected to achieve unaudited gain of approximately USD 4.0683 million from the sale. The target company is said to be a company established in Vietnam, mainly engaged in property holding and holding the target land.
Kam Hing Int'l (02307) plans to sell a land plot in Vietnam for $10.276 million.
Kam Hing Int'l (02307) announced that on July 18, 2024, its indirect wholly-owned subsidiary, Kam Hing Textiles…
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