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Win Hanverky Extends Vietnam Factory Lease in Discloseable Transaction

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Win Hanverky Extends Vietnam Factory Lease in Discloseable Transaction

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Win Hanverky Holdings Limited ( (HK:3322) ) just unveiled an update.

Win Hanverky Holdings Limited has announced an amendment to extend the lease of its non-core factories in Binh Duong Province, Vietnam, until April 2030. This extension is part of a discloseable transaction under the Listing Rules, reflecting an acquisition of assets and impacting the company’s financial statements by adjusting the right-of-use asset and lease liability. The transaction is significant as it ensures the continuity of the company’s production capabilities in Vietnam, which is crucial for its operations and market positioning.

More about Win Hanverky Holdings Limited

Win Hanverky Holdings Limited is a company involved in the garment manufacturing industry, with operations that include production bases in Vietnam. The company focuses on producing garments and related products, leveraging its manufacturing facilities for this purpose.

Average Trading Volume: 211,647

Technical Sentiment Signal: Sell

Current Market Cap: HK$240.2M

See more data about 3322 stock on TipRanks’ Stock Analysis page.

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