11-04-2019, 06:16 PM
Acquisition of a 50 Year Leasehold Land in Nantong Jiangsu
Spindex Industries Limited announced that the Company’s wholly-owned subsidiary, Spindex Precision Technologies (Nantong) Co. Ltd has acquired a 50 year leasehold land in Nantong Jiangsu China with an area of approximately 53,863.87 square meters at a cost of CNY20,683,726 (equivalent to approximately SGD4,200,000) for its office and factory building construction in the near future.
Spindex Industries Limited announced that the Company’s wholly-owned subsidiary, Spindex Precision Technologies (Nantong) Co. Ltd has acquired a 50 year leasehold land in Nantong Jiangsu China with an area of approximately 53,863.87 square meters at a cost of CNY20,683,726 (equivalent to approximately SGD4,200,000) for its office and factory building construction in the near future.
Specuvestor: Asset - Business - Structure.