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Kedge Construction Unit to Lease Property for NT$933 Million

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Kedge Construction (TPE:2546) unit GuanHo Precision Precast will acquire rights to use four land parcels and a factory building in Changhua County, Taiwan, for NT$933 million.

The transaction covers 30,939 square meters of land and a 4,014.02-square-meter factory building, with monthly rents of NT$2 million and NT$180,315, respectively, excluding tax, according to a Tuesday filing.

The assets will be leased from Jun Yi Engineering, and used for operational needs.

What else is happening in Asia?

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Guangdong Skychem Technology Proposes Hong Kong Listing; Shares Up 4%

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Hang SengSHA:688603
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^STI
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SHE:300442