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Chevalier Int'l Group (00025.HK) plans to streamline its business in the USA elderly care facilities.
Chevalier int'l group (00025.HK) announced on August 16th that the company has received several proposals related to the potential acquisition of facilities for elderly care, including self-care, assisted living, dementia care, and professional care, provided by the group in the United States from an independent third-party buyer ("Sale Items"). The group has not yet entered into a legally binding agreement or final agreement, and the management of the company is currently negotiating with the independent third-party buyer on possible Sale Items. Sale Items (including) must be subject to due diligence by the buyer and the signing and completion of a formal purchase agreement. If the Sale Items are implemented, they may constitute one or more transactions requiring disclosure under Chapter 14 of the Listing Rules of Hong Kong Stock Exchange.
CHEVALIER INT'L (00025) plans to sell in the USA and offer a wide range of services, including self-care and other proposals.
CHEVALIER INT'L (00025) announced that the company has received a third-party independent...
Express News | Chevalier International Holdings Ltd - No Legally Binding Agreement or Definitive Agreement Has Been Entered
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