Win Hanverky Extends Vietnam Factory Lease in Discloseable Transaction
Win Hanverky Holdings Limited has extended the lease of its non-core factories in Binh Duong Province, Vietnam, until April 2030. This amendment is part of a discloseable transaction under the Listing Rules, affecting the company's financial statements by adjusting the right-of-use asset and lease liability. The extension is vital for maintaining production capabilities in Vietnam, which is essential for the company's operations and market positioning. Win Hanverky is involved in garment manufacturing with a current market cap of HK$240.2M and an average trading volume of 211,647.
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
