Horizon Construction Development to acquire 80% of TH Tong Heng Machinery

Horizon Construction Development Investment (Hong Kong) Limited, a subsidiary of Far East Horizon (03360), has agreed to acquire 80% of TH Tong Heng Machinery Sdn. Bhd., a Malaysian equipment rental provider, for a total indicative consideration of MYR 176 million (approximately RMB 299 million).

“本次交易是宏信建发集团提升其在东南亚地区的市场地位及运营能力的一项战略措施”beta.zhitongcaijing.com

• 1 source
• beta.zhitongcaijing.com远东宏信(03360)附属拟收购TH Tong Heng Machinery Sdn. Bhd.合计80%的已发行股份May 8, 2025

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