Kam Hing Plans Vietnamese Fabric Company Acquisition

Kam Hing International Holdings Limited (HK:2307) has released an update.

Kam Hing International Holdings Limited has entered a memorandum of understanding to acquire a Vietnamese fabric manufacturing company for $10.8 million. This strategic move aims to boost Kam Hing’s textile production capacity in Southeast Asia by leveraging an existing production base in Vietnam. The acquisition aligns with the company’s expansion plans, although it remains non-binding until a formal agreement is reached.

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