Chevalier Mulls Sale of US Senior Housing Units

Chevalier International Holdings Limited (HK:0025) has released an update.

Chevalier International Holdings Limited has announced that it is considering selling some of its senior housing facilities in the USA, following proposals from independent third-party buyers. Although negotiations are ongoing, no definitive agreement has been reached, and the potential disposal is subject to due diligence and formal agreement execution. Shareholders and potential investors are cautioned to be prudent when dealing with the company’s securities until further announcements are made.

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