CRYSTAL INTL (02232) announced that on January 18, 2026 (Egypt time), Crystal Egypt Industries, a proposed wholly-owned subsidiary to be established by the company pending local Egyptian government approval of the acquisition, entered into a land reservation form with SID - New October (S.A.E.), an entity independent of the company and its connected persons, to reserve a plot of land located in New October City, Egypt, for acquisition purposes at a cost of $30.4 million. The acquisition is conditional upon approval from the local Egyptian government. The consideration will be funded from the Group's internal resources. The land plot is situated in the New October Industrial Zone of New October City, Egypt, with a total site area of approximately 800,000 square meters. The Group intends to use the land to construct production facilities and supporting infrastructure in Egypt, aiming to commence the expansion of its apparel and fabric business in the region and enhance production capacity. The Group believes that deploying production capacity in Egypt will help diversify geopolitical risks, provide more flexible and reliable production solutions for global clients, and assist the Group in effectively navigating potential changes in trade policies.