ARTS OPTICAL plans to spend approximately HKD 23.828 million to acquire properties in Malaysia
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ARTS OPTICAL plans to acquire a property in Malaysia for approximately HKD 23.828 million, with the transaction conducted by its wholly-owned subsidiary Arts Optic Property (M) Sdn. Bhd. The property is a semi-detached factory unit with an area of about 3,740 square meters, located in Selangor. It is expected to enhance the group's operational efficiency in the optical lens business in Malaysia and provide space for future expansion. This acquisition is part of the group's long-term business strategy aimed at expanding its fixed asset base and achieving capital appreciation
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