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BetterLife Holding Limited ( (HK:6909) ) has provided an update.
BetterLife Holding Limited, through its indirect wholly-owned subsidiary Beijing BetterLife Group, has entered into a Yanbao Assets Transfer Agreement with Beijing Yanbao. This agreement involves the purchase of machinery and office equipment from the Yanbao 4S Dealership Store. The transaction is classified as a discloseable transaction under the Hong Kong Stock Exchange Listing Rules, requiring reporting and announcement due to its size. The agreement’s effectiveness is contingent on the fulfillment of certain conditions, including the accuracy of representations and the absence of legal proceedings that could impede the transaction.
More about BetterLife Holding Limited
YTD Price Performance: -28.57%
Average Trading Volume: 60,542
Technical Sentiment Signal: Buy
Current Market Cap: HK$435.7M
See more insights into 6909 stock on TipRanks’ Stock Analysis page.