Jerash Holdings completes acquisition of Ever Winland for HKD 39.6M

Jerash Holdings (US), Inc.

Closed purchase of 100% of Ever Winland on Aug 29, 2022 for HKD 39.6 million.
Ever Winland holds title to ~5,735 sq ft office space at Ford Glory Plaza, Kowloon.
Company has leased the Property since October 2016; acquisition aims to save rental costs.
Transaction approved by board after independent valuation and legal due diligence.

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