Wenling Zhejiang Measuring and Cutting Tools Trading Centre Co. Ltd. Announces Acquisition of Land Use Rights for RMB52.06 Million
Reuters
Jul 25
Wenling Zhejiang Measuring and Cutting Tools Trading Centre Co. Ltd. Announces Acquisition of Land Use Rights for RMB52.06 Million
Wenling Zhejiang Measuring and Cutting Tools Trading Centre Co. Ltd. has announced the acquisition of land use rights as part of its ordinary business operations. The company asserts that the terms of the acquisition are on normal commercial terms and deemed fair and reasonable, aligning with the interests of the group and its shareholders. The board has expressed confidence in the transaction, highlighting its strategic importance in the ongoing business activities of the company. The announcement was made by the company as part of its latest business update.
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