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13.01.26 - 03:51
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Nam Tai Property Secures Strategic Revenue Stream Through Long-Term Master Lease with State-Owned Enterprise (Business Wire)
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SHENZHEN, China--(BUSINESS WIRE)--Nam Tai Property Inc. (OTC Expert Market: NTPIF) (the “Company”) is pleased to announce a significant milestone in its Technology Center project. The Company's subsidiary, Nam Tai Investment, has successfully entered into a six-year master lease agreement with a high-profile state-owned partner, Shenzhen Anju Leyu Development & Construction Co. Ltd. ("Shenzhen Anju").
This strategic partnership serves to significantly de-risk the project by locking in a government-backed counterparty with a strong credit profile, while reducing the lease-up time and cost. Shenzhen Anju manages the rental housing program for the Futian District Government, which oversees Shenzhen's core administrative and commercial zone.
The agreement covers the dormitory facilities of the Company's Technology Center project in Bao'an District, comprising approximately 456 units across 24,000 square meters. The project is currently under construction and expected to be delivered in 2026....
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13.01.26 - 03:45
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SK Hynix Invests USD12.9B to Build AI Chip Packaging Plant (AAStocks)
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SK Hynix plans to invest KRW19 trillion (approximately USD12.9 billion) to construct a new advanced AI chip packaging plant in South Korea as part of its expansion plan to meet the rapidly increasing demand in the AI application sector.SK Hynix's new facility will commence construction in April in Cheongju, with the goal of ......
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