World Houseware (Holdings) (HK:0713) has released an update.
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World Houseware (Holdings) Limited has unveiled a tentative proposal for an industrial land reform project in Sha Xi Town, Zhongshan City, China, with a projected investment of RMB600 million. The project, spanning two phases over six years, aims to relocate its plastic pipes and fittings business to reduce rental costs and develop properties for lease and sale. Investors are advised to proceed with caution as the project’s specifics are yet to be finalized.
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