Hafary Holdings

Hafary Holdings: Wholly-owned subsidiary Foshan Hafary Trading entered into an agreement with Foshan Shenghui Plastics Materials to acquire a property located at North Fang Xun Road, Hecheng Street, Gaoming District, Foshan in Guangzhou for Rmb49.8m ($10m). The property, which has a remaining 37-year lease with 40,940 sm total land area, will be used to hold Hafary's inventory (tiles)- which are currently held at warehouses in Singapore.