Crystal International Group Reserves $30.4 Million Land Parcel in Egypt

Reuters
01/20
Crystal International Group Reserves $30.4 Million Land Parcel in Egypt

Crystal International Group Ltd. has announced that its wholly-owned subsidiary, Crystal Egypt Industries, has executed a land reservation form to acquire a parcel of land in the New October Industrial Zone, New October City, Egypt, for US$30.4 million. The approximately 800,000 sq.m. site will be used for the construction of production plants and supporting facilities to expand the Group's garment and fabric operations in Egypt. The acquisition is subject to approval from the Egyptian local government and will be funded by 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. Crystal International Group Ltd. published the original content used to generate this news brief via IIS, the Issuer Information Service operated by the Hong Kong Stock Exchange (HKex) (Ref. ID: HKEX-EPS-20260120-11995662), on January 20, 2026, and is solely responsible for the information contained therein.

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