TK Precision Technology Hong Kong Subsidiary Plans Land Acquisition in Vietnam's Hai Duong Province

Reuters
06-03
TK Precision Technology Hong Kong Subsidiary Plans Land Acquisition in Vietnam's Hai Duong Province

CÔNG TY TNHH TK PRECISION TECHNOLOGY HỒNG KÔNG VIỆT NAM, a wholly-owned subsidiary of TK Group (Holdings) Limited, has entered into a letter of intent to acquire the land use rights for a parcel located in Phuc Dien Extended Industrial Park, Hai Duong Province, Vietnam. The land, covering approximately 29,843 square meters, is intended for infrastructure operation and investment projects. The acquisition, valued at approximately HKD26.76 million, aligns with TK Group's business development strategy, aiming to enhance production solutions and effectively address potential trade policy changes. The funding for this acquisition will come from the Group's internal resources.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. TK Group (Holdings) Limited published the original content used to generate this news brief on June 03, 2025, and is solely responsible for the information contained therein.

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