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Chevalier International Holdings Limited ( (HK:0025) ) has issued an update.
Chevalier International Holdings Limited has announced the disposal of its car dealership business in Canada through an Asset Purchase Agreement. The transaction involves the sale of properties and business assets for a total consideration of approximately CA$25.57 million. This move is classified as a discloseable transaction under the Hong Kong Stock Exchange’s Listing Rules, indicating a strategic shift in the company’s operational focus.
The most recent analyst rating on (HK:0025) stock is a Hold with a HK$4.00 price target. To see the full list of analyst forecasts on Chevalier International Holdings Limited stock, see the HK:0025 Stock Forecast page.
More about Chevalier International Holdings Limited
Chevalier International Holdings Limited is a diversified conglomerate with operations in various sectors, including construction, engineering, property, and car dealership businesses. The company is incorporated in Bermuda and is listed on the Hong Kong Stock Exchange.
Average Trading Volume: 33,354
Technical Sentiment Signal: Strong Sell
Current Market Cap: HK$1.17B
For detailed information about 0025 stock, go to TipRanks’ Stock Analysis page.