World Precision Completes Hainan Xingmei Spring Hotel Acquisition

MT Newswires

2025/01/23

World Precision Machinery (SGX:B49) has completed the acquisition of Hainan Xingmei Spring Hotel from Hainan Xinglong Pearl Investment, making it a wholly-owned subsidiary, according to a Wednesday filing on the Singapore Exchange.

Non-executive director Shao Jianjun has been appointed as the legal representative. The third tranche payment is expected in February, the company said.

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