KAM HING INT'L's subsidiary plans to acquire a company in Vietnam

Zhitong
2025.01.27 15:14
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KAM HING INT'L announced that its wholly-owned subsidiary Kam Fung (Hong Kong) Garment Co., Ltd. intends to acquire 100% of the shares of Vietnam Korea Textile & Dyeing Support Joint Stock Company for USD 4.348 million and settle debts of USD 6.4076 million. The target company focuses on textile product manufacturing and has well-established production facilities and resources. The acquisition will enhance the group's production capacity and efficiency in Southeast Asia, aligning with its business strategy