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EverChina Int’l Holdings Announces Major Property Acquisition

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EverChina Int’l Holdings Announces Major Property Acquisition

Confident Investing Starts Here:

An update from EverChina Int’l Holdings Company Ltd ( (HK:0202) ) is now available.

EverChina Int’l Holdings Company Ltd has entered into a Provisional Agreement to acquire a property for RMB400,000,000, with plans to establish a PRC Subsidiary to hold the property. This acquisition is classified as a major and connected transaction under Hong Kong’s Listing Rules, requiring independent shareholder approval due to the involvement of connected parties.

More about EverChina Int’l Holdings Company Ltd

Technical Sentiment Signal: Buy

Current Market Cap: €61.72M

See more data about 0202 stock on TipRanks’ Stock Analysis page.

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