Core Viewpoint - The company Wuhan Organic (02881) has entered into a conditional sale agreement to acquire a plot of land in Johor, Malaysia, for approximately 61.55 million yuan, aiming to establish an overseas production base to mitigate risks associated with international trade policies [1] Group 1: Acquisition Details - The buyer, Benzoplus Chemicals (M) Sdn. Bhd., a wholly-owned subsidiary of the company, has agreed to purchase the land from Johor Corporation for 36.4659 million ringgit [1] - The land is a 60-year leasehold plot located at PLO 326, Tanjung Langsat Industrial Complex, covering an area of approximately 12.854 acres (about 559,900 square feet) [1] Group 2: Strategic Intent - The acquisition aims to establish an overseas production base for manufacturing export products, which is expected to alleviate adverse impacts from fluctuations in international trade policies [1] - The overseas production base is seen as a significant milestone for the company's further internationalization and long-term development [1] - This move is anticipated to enhance the company's global competitiveness and strengthen its international brand image and recognition [1]
武汉有机(02881)拟以3646.59万令吉收购位于马来西亚的地块