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China Ever Grand Sells Shanghai Property

China Ever Grand Sells Shanghai Property

China Ever Grand Financial Leasing Group Co., Ltd. (HK:0379) has released an update.

Confident Investing Starts Here:

China Ever Grand Financial Leasing Group Co., Ltd. has announced the sale of a property to Shanghai Bio-lu Biomaterials Co., Ltd. for a total cash consideration of approximately RMB6.92 million, which equates to around HK$7.6 million. The transaction is classified as a discloseable event under the Listing Rules due to its size, and the sale agreement includes stipulations for deposits and balance payments, with a formal agreement deadline set for 31 October 2024.

For further insights into HK:0379 stock, check out TipRanks’ Stock Analysis page.

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