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Best Pacific International Holdings (2111.HK): Announces acquisition of Yen An land in Vietnam, planning to expand production capacity by 10-15% in the first phase.
Event: On December 2nd, the company announced in a statement the acquisition of the land use rights of an industrial park in Yen Bai Province, Vietnam. The reason for the acquisition is for the company to seize the potential growth opportunities of medium and long-term sales orders, planning to expand production scale. The total area of the land acquired this time
Best Pacific (02111.HK) invested 28.66 million USD to purchase land to build a production center in Vietnam.
Best Pacific (02111.HK) announced the acquisition of industrial land located in Nghe An Province, Vietnam, with a total area of 511,834 square meters, from an independent third party, VSIP Nghe An, which is planned for the construction of a production center. The cash consideration is 28.66 million USD (approximately 0.224 billion HKD), and it is intended to be paid using internal resources and/or bank loans.
Best Pacific Renews Key Lease Agreements
BEST PACIFIC: Interim Report 2024
Best Pacific International Holdings (02111.HK): Rapid recovery in profitability in 1H24, low valuation, high dividend.
1H24 performance is higher than our expectations. The company announced 1H24 performance: revenue of 2.385 billion Hong Kong dollars, up 25.1% year-on-year; net income attributable to shareholders of 0.277 billion Hong Kong dollars, up 100.1% year-on-year. The company's performance is higher than our expectations.
BEST PACIFIC To Go Ex-Dividend On September 10th, 2024 With 0.1333 HKD Dividend Per Share
August 28th (Beijing Time) - $BEST PACIFIC(02111.HK)$ is trading ex-dividend on September 10th, 2024.Shareholders of record on September 11th, 2024 will receive 0.1333 HKD dividend per share on