Kedge Construction Unit to Lease Property for NT$933 Million
MT Newswires Live
Yesterday
Kedge Construction (TPE:2546) unit GuanHo Precision Precast will acquire rights to use four land parcels and a factory building in Changhua County, Taiwan, for NT$933 million.
The transaction covers 30,939 square meters of land and a 4,014.02-square-meter factory building, with monthly rents of NT$2 million and NT$180,315, respectively, excluding tax, according to a Tuesday filing.
The assets will be leased from Jun Yi Engineering, and used for operational needs.
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.