T S Telecom Technologies purchase Shenzhen property at HK$7.85 mln

T S Telecom Technologies (8003) announced to purchase Shenzhen Tian An Digital Town property from a Shenzhen-based property developer at a price of HK$7.85 mln, which will be paid through bank loans.

The company believed that the acquisition would expand the assembling and production power monitoring system capacities and benefit the business development.

The property covers 18815 square feet.

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