China Health Group (HK:0673) has released an update.
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China Health Group Limited has entered into a non-binding letter of intent with Ample Colour Limited for a potential subscription of new shares worth at least HK$50 million. The potential investment could bolster the company’s financial health by settling debts and boosting working capital. The parties aim to finalize the agreement within 90 days.
For further insights into HK:0673 stock, check out TipRanks’ Stock Analysis page.