Core Viewpoint - Jin Sanjiang announced that its wholly-owned subsidiary, Jin Sanjiang (Malaysia), plans to purchase approximately 73 acres of industrial land in the Kuantan International Logistics Park, Malaysia, for Southeast Asian production and operations [1] Group 1: Acquisition Details - Jin Sanjiang (Malaysia) has signed a land purchase agreement with MCKILP to acquire about 24 acres of land for the construction of a production base [1] - The funding for this transaction will come from self-owned or self-raised funds, which will not affect the existing business operations [1] Group 2: Risks and Considerations - There are risks associated with the project due to significant differences between Malaysia and the domestic market, which may lead to project progress and investment returns being below expectations [1]
金三江:全资孙公司拟在马来西亚购买24英亩土地