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Econ Healthcare Sells Stakes in China Eldercare Units

Econ Healthcare Sells Stakes in China Eldercare Units

Econ Healthcare (Asia) Limited (SG:EHG) has released an update.

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Econ Healthcare (Asia) Limited has completed a strategic sale of its interests in three China-based eldercare companies, reducing its stakes in Chongqing Yikang and Chongqing Changshou to 49% and fully divesting Sichuan Guangda. The transaction, worth approximately S$701,000, is not expected to significantly impact the company’s earnings per share or net tangible assets for the fiscal year ending March 2025.

For further insights into SG:EHG stock, check out TipRanks’ Stock Analysis page.

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