Grand Ming Group Holdings Limited (01271) said its subsidiary Regal Development Limited has agreed to acquire Land A for a consideration of HK$168 million. Also, its subsidiary Golden Ford Limited has agreed to acquire Land B for a consideration of HK$188 million.
The group plans to develop both Land A and Land B into two high-tier data centres for leasing purposes. Both lands are in Fanling, the New Territories, Hong Kong.
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