【GPM】Announcement regarding subsidiary Global PMX Pte. Ltd. acquiring right-of-use assets from a related party
Global PMX Pte. Ltd., a subsidiary of GPM, announced the lease of factory space in Vietnam from a related party, Jian Huang Optoelectronics (Vietnam).
📋 Article Processing Timeline
- 📰 Published: May 27, 2026 at 09:00
- 🔍 Collected: May 28, 2026 at 08:00 (23h 0m after Published)
- 🤖 AI Analyzed: May 31, 2026 at 18:59 (82h 59m after Collected)
GPM announces that its subsidiary, Global PMX Pte. Ltd., has acquired right-of-use assets from a related party. The subject property is a factory in the Thai Ha Industrial Park, Ninh Binh Province, Vietnam, with a total leased area of 3,403 square meters. The monthly rent is 5.02 USD per square meter, and the total value of the right-of-use asset is estimated at 1,184,613.11 USD. The counterparty is Jian Huang Optoelectronics (Vietnam) Technology Co., Ltd., and the facility will be used as an office and factory to support business development. The price was determined based on professional appraisals and market conditions.
FAQ
Why is the company leasing in Vietnam?
For business development needs.