WKK INTL (HOLD) (00532) subsidiary plans to acquire land in Luzhu District, Taoyuan City, Taiwan

According to the Zhitong Finance App, WKK INTL (HOLD) (00532) issued an announcement. On August 25, 2026, the buyer (Taiwan Port Construction Co., Ltd., a subsidiary not wholly owned directly owned by a company) signed a sales contract with the seller (Mr. Xu Qingji and Mr. Xu Qinghui). Based on this, the buyer has agreed to buy the land and the seller has agreed to sell the land at a cost of NT$360 million (equivalent to approximately HK$90 million). The land is a Class B industrial site located at No. 228 Chengsheng Section, Luzhu District, Taoyuan City, Taiwan.

The Group has carried out a preliminary assessment of a potential property acquisition located in Taiwan, China, intended for the Group's business use. The Group's current offices and production facilities in Taiwan are located in an older, multi-owner, multi-storey industrial complex. These premises are constrained by structural ageing, limited space, poor maintenance quality, and building designs that do not fully comply with advanced manufacturing processes.

Driven by strategic needs to accelerate business expansion and optimize operating performance, the Group believes that relocating the facility to a new location is a necessary strategic move to address current operating restrictions, promote future business development, and support long-term expansion of the scale of operations. Since the land is located in Luzhu District, Taoyuan City, Taiwan, close to Taoyuan International Airport, and close to major transportation hubs and national highways, the acquisition enabled the Group to build exclusive and independent offices and production facilities at this strategic location, thereby simplifying the transportation of raw materials and manufactured products, improving logistics efficiency, and strengthening export capacity.