Combine Will International Holdings Limited (SG:N0Z) has released an update.
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Combine Will International Holdings Limited has expanded its global footprint by establishing a wholly-owned subsidiary, Dongguan Combine Will Tengda Technology Company Limited, in China with a share capital of HK$200 million. The new subsidiary will focus on investment holding, R&D in new materials, and the manufacturing and trading of packaging, paper, and consumer products. This strategic move, funded by internal resources, is poised to enhance the company’s offerings without affecting its earnings or net tangible assets for the fiscal year ending December 2024.
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