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Chevalier International Announces Property Sale in Discloseable Transaction

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Chevalier International Announces Property Sale in Discloseable Transaction

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The latest announcement is out from Chevalier International Holdings Limited ( (HK:0025) ).

Chevalier International Holdings Limited has entered into a discloseable transaction involving the sale of a property by its wholly-owned subsidiary, Macleh (Chevalier) Ltd., to Northam Properties (VI) Inc. for CA$13,650,000. The transaction, which falls under Chapter 14 of the Listing Rules due to its percentage ratios, involves a structured payment process and conditions that need to be satisfied before closing, including the termination of existing leases and ensuring the property’s title is free from encumbrances.

More about Chevalier International Holdings Limited

Chevalier International Holdings Limited is a company incorporated in Bermuda, operating with limited liability. It is listed on the Stock Exchange of Hong Kong and is involved in various business activities, although specific industry details are not provided in the announcement.

YTD Price Performance: -4.15%

Average Trading Volume: 37,905

Technical Sentiment Signal: Strong Buy

Current Market Cap: HK$1.18B

Find detailed analytics on 0025 stock on TipRanks’ Stock Analysis page.

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