Kam Hing International Holdings Limited (HK:2307) has released an update.
Kam Hing International Holdings Limited’s subsidiary has entered into a 10-year lease agreement for a new fabric knitting factory in Vietnam, set to commence in November 2024. The deal, considered a discloseable transaction according to the Listing Rules, will see the company recognize an additional HK$21.7 million in right-of-use assets. The agreement is significant enough to require notification and announcement under Chapter 14 of the Listing Rules.
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