Nissin Foods Co. Ltd. Acquires Land Use Rights in Zhuhai for RMB30.68 Million
Reuters
Sep 11
Nissin Foods Co. Ltd. Acquires Land Use Rights in Zhuhai for RMB30.68 Million
Nissin Foods Co. Ltd. announced that through its wholly-owned subsidiary in the People's Republic of China, it successfully acquired land use rights for two parcels in Jinwan District, Zhuhai City, Guangdong Province. The acquisition was made via public auction for an aggregate amount of RMB30.68 million. The land parcels are intended for the construction of new production facilities by the Group and are adjacent to Zhuhai Nissin. As the applicable percentage ratios under the Listing Rules are below 5%, this acquisition does not qualify as a notifiable transaction.
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. Nissin Foods Co. Ltd. published the original content used to generate this news brief on September 11, 2025, and is solely responsible for the information contained therein.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.