PanAsialum Holdings Co. Ltd. (HK:2078) has released an update.
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PanAsialum Holdings Co. Ltd. has entered a lease agreement through its subsidiary Pansea Aluminium (Thailand) Co., Ltd. for factory facilities in Thailand, valued at approximately HK$21.9 million. The three-year lease, starting November 2024, is aimed at enhancing the manufacturing and distribution of aluminium products, with an option to renew for another three years. This transaction is classified as discloseable under Hong Kong’s listing rules, requiring reporting but not shareholder approval.
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