Hosen Group's (SGX:5EV) wholly owned subsidiary, Hosen Chocolate, agreed to acquire a piece of freehold land of about 6,378 square meters in Malaysia from Greenhill SILC for 7.6 million ringgit, a filing with the Singapore Exchange said on Friday.
Based on the agreement, Hosen Chocolate has also entered into a construction agreement for the development of a one and a half story detached factory on the said land with a total built up area of approximately 41,960 square feet, subject to approval by the local authorities.
The expected construction cost of the building is 9.6 ringgit million.
免责声明：投资有风险，本文并非投资建议，以上内容不应被视为任何金融产品的购买或出售要约、建议或邀请，作者或其他用户的任何相关讨论、评论或帖子也不应被视为此类内容。本文仅供一般参考，不考虑您的个人投资目标、财务状况或需求。TTM对信息的准确性和完整性不承担任何责任或保证，投资者应自行研究并在投资前寻求专业建议。