Crown International Halts Major Health Sector Deal
Company Announcements

Crown International Halts Major Health Sector Deal

Crown International Corporation Limited (HK:0727) has released an update.

Crown International Corporation Limited announced the cancellation of its planned acquisition of a comprehensive health business in China, which involved a substantial equity interest deal. The deal’s termination also leads to the resumption of trading of Crown International’s shares on the Hong Kong Stock Exchange. The acquisition was previously set to reshape the company’s portfolio by adding high-end healthcare apartments with extensive facilities and services.

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